Here’s why a Bitcoin smart trader is buying BTC right now
Bitcoin (BTC) is down slightly below the $66,000 mark after briefly touching the $69,500 level on October 21. This three-day $4,000 crash created a buying opportunity, according to a Bitcoin smart trader who accurately predicted this target. In particular, a prominent trading expert with a good track record, CrypNuevo , warned his followers Bitcoin could break local support. The support formed after eight subsequent four-hour attempts to break it from October 21 to 22, after the local high. Notably, CrypNuevo spotted the possibility of a bear trap hunting stop-loss liquidity right below the now-strong support. The Bitcoin price played out precisely as expected, breaking the line many analysts were watching and renewing the bearish sentiment. Picks for you Expert warns Bitcoin’s ‘Uptober will end as Downtober’ ...