After bitcoin gets past 50k, I think it might spike up and then sell off back into the gap at 41000, there's not a lot of volume at those levels.
There are a couple of shelves along the way to 50k to fall back on, but I think we may get lucky with a buy limit order below that.
It may present a buying opportunity. Or not, Bitcoin may just end up continue higher for some time until people decide it's worth cashing out.
There are a couple of shelves along the way to 50k to fall back on, but I think we may get lucky with a buy limit order below that.
It may present a buying opportunity. Or not, Bitcoin may just end up continue higher for some time until people decide it's worth cashing out.
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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.