Bitcoin pumping. How to buy in before the next bullish wave?
Happy weekend traders.
BTC is currently performing a low volume breakout. If last time you missed an opportunity to buy in a dip, here’s my own idea of what’s going to happen in the next two weeks. At a pumping price, it almost never makes sense to buy.
We can’t ignore the fact that the price is forming maybe up to a multi thousand gap between the CME price this at the weekend.
Next week will most likely provide an opportunity to buy bitcoin at a better price.
The smaller Fibonacci in the picture must be redrawn after pumping. This is only a preliminary drawing. The beginning of next week will most likely start with a price drop.
Secure buy-ins are located in the 0.5-0.65 Fibonacci area next week.
BTC is currently performing a low volume breakout. If last time you missed an opportunity to buy in a dip, here’s my own idea of what’s going to happen in the next two weeks. At a pumping price, it almost never makes sense to buy.
We can’t ignore the fact that the price is forming maybe up to a multi thousand gap between the CME price this at the weekend.
Next week will most likely provide an opportunity to buy bitcoin at a better price.
The smaller Fibonacci in the picture must be redrawn after pumping. This is only a preliminary drawing. The beginning of next week will most likely start with a price drop.
Secure buy-ins are located in the 0.5-0.65 Fibonacci area next week.
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