BITCOIN local short TRADE
2024-10-09

We have formed a zone above 65,000, it can be seen that people expected a quick continuation of growth, but we see that the asset went into the side and does not plan a quick growth. Considering that we have a price gap below the price of 53,000, it is more logical to consider a bearish position.

News and tensions in the Middle East also affect the market. I am sure that this is just the beginning and for a good market growth, the market needs to make a quick correction to remove the liquidity of traders with large shoulders