In the last few days our team is discussing whether to keep our setup valid (see chart below) or whether to wait for a more comfortable level (see our weekly analysis below), as we always say, we do not have a crystal ball, so we prefer follow the trend instead of presuming to know where the real bottom will be, so at the moment our view still remains bearish, but anything can happen!
OUR SETUP
![[BITCOIN] SIMPLE BULLISH SETUP](https://tradingview.sweetlogin.com/proxy-s3/3/3hNzfINx_mid.png)
OUR WEEKLY ANALYSIS
![[BTCUSD] WEEKLY UPDATES](https://tradingview.sweetlogin.com/proxy-s3/0/0m2fR8P9_mid.png)
So, the question is very simple, try to go long at 2,800 or waiting 600?
...follow our last analysis on intraday chart:
![[BITCOIN] OUR KEY AREA](https://tradingview.sweetlogin.com/proxy-s3/e/eVaPqYd4_mid.png)
OUR SETUP
![[BITCOIN] SIMPLE BULLISH SETUP](https://tradingview.sweetlogin.com/proxy-s3/3/3hNzfINx_mid.png)
OUR WEEKLY ANALYSIS
![[BTCUSD] WEEKLY UPDATES](https://tradingview.sweetlogin.com/proxy-s3/0/0m2fR8P9_mid.png)
So, the question is very simple, try to go long at 2,800 or waiting 600?
...follow our last analysis on intraday chart:
![[BITCOIN] OUR KEY AREA](https://tradingview.sweetlogin.com/proxy-s3/e/eVaPqYd4_mid.png)
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.