The King and I

We’ve had a good relationship with this asset in the past, with a 32.96% gain recorded in under a month just 6 weeks ago, and now we’re looking to re-enter this asset today.

Bitcoin ($BTC) daily candles showing renewed short-term upward momentum.

With today’s trade we’re going to re-evaluate our position in the coming days, as we’re anticipating encountering some resistance around the current price level, and are hoping to see a breakout to the upside, although this may take some time to occur, and in the meantime we may hover around the current price for some time before this upside breakout occurs.

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