BTCUSD 1h Analysis April 3rd, 2022

Apr 4, 2022

For me personally bitcoin us bullish in long term bias but as a short term trader we trade what the market gives us today so the idea in trading bitcoin right now is bearish. As you can see on the chart it is primarily short since it rejected the resistance level multiple times now and moving towards our support level. Be cautious of your risk management only risk what you can afford to lose.