Morning all, checking back on Bitcoin today. Still holding my buy position, and currently in small profits of 1K pips, which on Bitcoin is not a huge amount. But I think the bottom is forming here at 40K. Over the next few days/weeks will be a huge factor. We need the trend line to hold and wait for the moving average to catch up with price and then start trading above it. Could do with a higher low being created to start the next trend off. If you followed keep holding and keep watch over the next couple of weeks. As long as this demand zone holds we're looking good. GLIYF
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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.