I had thought we would see a deeper retracement down to the $52,000 - $44,000 area. That may not materialize. This appears to be the retest now, or the old $53,000 low, and not going to be a new low. 50% buy now warranted. Or 100%. Could keep dry powder for the lower target as well. Eventually $137,000 is my next sell zone.
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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.