An update for my thoughts on BTC, I am still bullish
Now is a perfect time to pick up more BTC while prices are lower and not testing ATHs everyday
The double top is not along the channel but still can be observed, the double bottom occurs along the channel that can be drawn on the price structure.
The 200MA will likely just revert to continuation upwards in a state like this
Now is a perfect time to pick up more BTC while prices are lower and not testing ATHs everyday
The double top is not along the channel but still can be observed, the double bottom occurs along the channel that can be drawn on the price structure.
The 200MA will likely just revert to continuation upwards in a state like this
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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.