In the markets, ensuring the best point of entry is often half of the battle, since time and level significantly influence the success when the risk-reompensses relationship in favor of merchants.
While Bitcoin’s short -term perspective (BTC) may seem constructive with a greater demand for bullish bets in the options market, the proximity of cryptocurrency to the key resistance that limited ascent in recent months means that the risk reward profile for those who seek to capitalize on the upward perspectives is less favorable.
Since Saturday, BTC has been pressing against the lower limit of the Ichimoku cloud in around $ 85k. Developed by a Japanese journalist in the 1960s, Ichimoku’s cloud is a technical analysis indicator that offers an integral vision of market impulse, support and resistance levels.
The indicator comprises five lines: the stretch of lead A, the main section B, the conversion line or tenkan-sen
