On the daily Coinbase chart it looks like $5,975 is a key area to break North. If this happens I think we still have some room to run. We are on the up side of the mid-channel point.
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Well, this is working out nicely.Still long.......
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Nice move in the Bitcoin price but the shorts haven't even begun liquidating their positions. If BTC is moving this well right now, what do you think will happen when these guys try to close their shorts and there are little to NO BTC left to be had?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.