**”My futures so bright, I gotta wear shades.” Continue to keep a sharp eye on our trading content. Over the past three months, our own Rogue Trader has been “stop loss’ing” his way to incredible returns. In the midst of a 9-month long bear market what he is achieving is worth your time and evaluation. These daily analysis pieces are written directly by him and follows his $BTC trades tick by tick.
Bitcoin sits near highs as US (CST) overnight trading brings volatility as discussed. BTC has remained solid on a hold of the 6800 support level and steadily held the 7k mark as a marker to show the continuation of the trend upward. Breaking to the upside, BTC sought out 7400 in the end as it finally broke through and held the 7200 resistance level. This will serve as an important level as well as 6800 to try and keep firm over the next week.