In my last post I spoke about a spike throught the short liquidation levels.
We hit the top of what I thought a trend resistance would be.
Since then we have a clear reversal with strenght.
Bitcoin has been maintaining a strong longterm upwards trend, I believe 95-97k is a good reversal point, but personally im betting on 91k, as many technicals point to this zone and theres a FVG to be filled.
Trade safe, market is choppy since institutions entered the game.
We hit the top of what I thought a trend resistance would be.
Since then we have a clear reversal with strenght.
Bitcoin has been maintaining a strong longterm upwards trend, I believe 95-97k is a good reversal point, but personally im betting on 91k, as many technicals point to this zone and theres a FVG to be filled.
Trade safe, market is choppy since institutions entered the game.
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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.