Bitcoin is looking very bullish. Once it breaks this resistance line, I think it'll be on a long bull run as we have seen in the past that bitcoin always rallies really nicely when the MACD and ADX are on an upward momentum. This seems to becoming near. Buy should be 15800+
Note
Until this uptrend line is broken, There is no need to panic.Note
Still hasn't broken the trend line. No need to panic yet. Anyone that wants to play it safe, set a stop loss a decent amount below 13k.Note
Idc If there's a chance it could be a bottom. I'm putting my stop loss below 12500 on BITTREX (might be different on other exchanges) if it goes below 12500, I personally think BTC will go lower.
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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.