Skip to main content

19.06.23  - 25.06.23

Last week results

Instruments:

There were no cardinal changes in the market. Bitcoin managed to go down a little in a week and come back. This, of course, spooked traders waiting for the end of the sideways movement in the hope that the market would choose a direction for a permanent move.







▶️ Fed pauses interest rates, but Bitcoin options data still points to BTC price downside



▶️ XRP Breaks New Bullish Record, According to Recent Report



▶️ Coinbase redeems $65M in convertible notes at 29% discount

These week’s key events

There were no cardinal changes in the market. Bitcoin managed to go down a little in a week and come back. This, of course, spooked traders waiting for the end of the sideways movement in the hope that the market would choose a direction for a permanent move.







▶️ Fed pauses interest rates, but Bitcoin options data still points to BTC price downside



▶️ XRP Breaks New Bullish Record, According to Recent Report



▶️ Coinbase redeems $65M in convertible notes at 29% discount

📈 BTC - the fun rides continue




💡 3 reasons to trade BTC now:


🔹 For long-term trading, the trend remains down There is no trend for short-term trading. Trade in any direction

🔹 Spikes in volatility allow you to make quick profits

🔹 At the same time, you can slowly open deals with a market order

💡 Technical analysis: Let's take a look at four-hour charts again. It's still showing a downtrend. We sell near the upper trend line. We buy near the lower trend line. In case of a breakout, open a trade in the direction of the breakout.



Long Strategy: Open a buy trade if the price rises to $26,800. Set a Stop Loss at $65,200 and a Take Profit at $28,100.



Short Strategy: Open a trade if the price touches to $26,400 and creates a reversal pattern. Place a Stop Loss at  $26,750 and a Take Profit at $25,050.


❗️ Use this opportunity to make the right decision. 

Exchange BTC

Mining icon
Want Bitcoin for free?

Try our Bitcoin Cloud Miner and get additional crypto rewards based on your trading volume. It's immediately available upon registration.

Start mining

Mining icon
Want Bitcoin for free?

Try our Bitcoin Cloud Miner and get additional crypto rewards based on your trading volume. It's immediately available upon registration.

Start mining

All in one crypto app with 0 comissions

Join StormGain — the most comprehensive platform for investing in crypto. Buy, store, trade, exchange, earn and learn about crypto in a single tap.

Сайт та всі послуги StormGain доступні також українською мовою.

Перейти