A few days ago I shared my point of view of Bitcoin and where I thought it could go, I shared an entry at 34k, with a stop at 30k and after 31K, now allow me to raise the stop to 34k for a break even.
The weekly candle looks healthy, bullish for change in the immediate direction, on the way to facing critical resistance. at the 43k-47k level I will open a hedge with a stop at 47.7K Protect profit, reduce risk, that is to properly manage our portfolio.
The most important thing is not to lose when we are already winning, it is not funny to close a losing operation when it was already a winner, charging 20% now is good too.
The red candles from May 10 to 17, continue to be a threat, we need a green candle with body and volume to be created for this week to return the positive sentiment to the entire market.
The 22K is not impossible, it can still happen if we do not achieve a healthy development from a technical point of view, but it seems very unlikely, due to doubts in our coverage we will keep our target open.
Disclaimer: These are only personal opinions and in no way constitute investment advice.
