BTC is at a VERY IMPORTANT level. This area has been an issue for the last few YEARS.One thing to notice is that #BTC volume is WEAK, look at yellow box. Do you notice that volume is UNDER the white line? That line is an average. This means that the recent volume is below average for 90 days = LIGHT. This could be because sell volume has been light. Now we need to consider, what will cause BUY VOLUME to come in & propel higher?
#Bitcoin is almost there, good signs showing. Incoming volume to break out would be a huge plus!!!
ETF's are great, we like
BITX for leveraged exposure and trading, but keep in mind; NOT IN YOUR WALLET, NOT YOURS!
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.