Greetings to all readers of this great platform, especially to all readers who make life in the great community of #LeoFinance, in the present opportunity I want to talk once again about the BTC and its current behavior, this is because we are reaching a critical area of the market, where a false move and the market can go to 14k of its price, so we must be more careful than ever when making decisions that can affect our money.
 Screenshot taken at: PixaBay |
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The BTC has been within a range that began in the month of June, in which it reached the area of 17k in the price of BTC, being a resounding drop which suffered at that time the BTC market, despite the behavior it had for a long time, which made us think that we could have left this risk zone and thus begin to weigh on a bull market, the market shows that it is not yet ready for its change of trend.
This is mainly because the risks continue and the possible paths exist, to go through the range again at the high end which is the 25k area, or to be flirting above 18k to 17k, with this second possibility being the worst we can face, because any instability in the market, we can face a market falling quickly in search of 14k or lower at the present opportunity, so it is a very risky area.
It is time to be attentive to the BTC zone, in case it gets to lose the 17k zone in the range where we are at the present time, it can be a great investment possibility when it goes down to 14k so it is prudent to have a small amount of money to invest later in the market, either when the market ends the fall or when it affirms a recovery, with greater possibility the first one to finish falling in search of a great investment.
In case of not losing that zone of 17k it can generate a zone of tranquility, and begin to generate again the accumulation zone where we have been for 2 months, which may be close to the market recovery, patience and make the right decisions in the market is the key to success, it is not time to enter to make bad decisions or we will be out of the game that holds the future of BTC and the market in general.
