Bitcoin move down has completed in 5-waves. I would say that this is wave 1 of 3 and now I am expecting wave 2 of 3 to form. The not-so-active strategy will be to stay neutral and wait for opportunity to scale in a short position.
More active traders can attempt to long Bitcoin here but keep your risks tight and be prepared to flip.
More active traders can attempt to long Bitcoin here but keep your risks tight and be prepared to flip.
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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.