BTC Ready or Not for a Trade?

Recently, the market for BTC has been garnering new and renewed attention.

And that has many looking at the potential trading opportunities… 

While we’re still out of the market for BTC, it could be setting up for a potentially big drop ahead.

So, let’s look at the BTC futures contract market (BTC) and stay up to date on how things are transpiring.

The BTC Futures (BTC) Market Review

Here’s how the chart is setting up for the BTC (BTC) futures contract market…

BTC (BTC) Futures Contract Price and Technical Analysis – Source: TradingView

The BTC futures contract (BTC) daily time frame is in a down trend. The market is making lower lows and lower highs.

There is a down Fibonacci extension below the market price point 11,060 about -2,134 ticks below the market. 

I am out of the market waiting for the market to hit the down Fibonacci extension. Then, I will look for the bullish reversal towards the monthly Fibonacci extension.

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Keep on trading,

Josh Martinez

P.S. While BTC may be in the sell zone, there are some opportunities in the stock market… 

And I’ve come up with a new trading strategy that tracks down what we are calling “Marked Stocks.”
To learn more about how these stocks are “marked” for gain opportunities, click here.

Josh Martinez

Josh Martinez

Josh Martinez is an elite Analyst who’s been actively trading the financial markets since 2011. He’s known as one the leading innovative traders in this industry due to his his cutting-edge strategies.

Josh first burst into the scene when he took an initial deposit investment of $500 and turned into over $39,000 in just under 2 years.
Josh’s trading articles have been featured in Your Trading Edge, The FX Street, Trader Planet, Forex Crunch, Trading Pub, and

In addition to trading, Joshua has also trained thousands of traders worldwide. His strategies and systems have helped others find success in the market

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