Bitcoin is above the EMA50 and EMA200 in the 4H timeframe and is trading in its ascending channel
Risk ON sentiment in the US stock market or investing in Bitcoin ETF funds has led to its continued upward movement, and you can look for Bitcoin sales positions within the specified supply zone
Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way down for Bitcoin, which can be sought for Bitcoin buying positions within the defined demand zone
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
Risk ON sentiment in the US stock market or investing in Bitcoin ETF funds has led to its continued upward movement, and you can look for Bitcoin sales positions within the specified supply zone
Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way down for Bitcoin, which can be sought for Bitcoin buying positions within the defined demand zone
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
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.
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.