On 2 hour charts, Bitcoin is building a base (rounding bottom). The Japanese call this a "Fry Pan Bottom". It is a good place to enter a trade as it presages a rally. Thank you for reading.
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Follow for expert analysis! We are a team of investors, bankers & hedge fund managers determined to provide the very best education in Forex. Visit HOWTO.FOREX to find out if you qualify for enrollment into our flagship curriculum, Forex Ninja Bootcamp.
Disclaimer
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.