Bitcoin halving ? What is the chart saying ?
Updated
I am still bearish on bitcoin , even if ive had some profitable scalpings during this temporary uptrend. Last one being last week ( ethereum included here ) - but im already out.
In my previous analysis regarding bitcoin- ive said that low should be tested again if we want to rally healthy. But that never happened , instead it went up directly confirming the big daily channel im showing here.
I dont see anything bullish, 11 may fits perfectly in my picture and im very curious to see what will the price do once it hits the top of that channel. But im 90% sure it will go down afterwards. So that would be : buy the rumors- sell the news situation.
Only a huge FOMO based solely on " halving " will simply take bitcoin above that channel- but that in the market terms wont be healthy , and i wont chase such things.
If you want free access to my tel channel , pm me. Above 30% profit for this year already.
In my previous analysis regarding bitcoin- ive said that low should be tested again if we want to rally healthy. But that never happened , instead it went up directly confirming the big daily channel im showing here.
I dont see anything bullish, 11 may fits perfectly in my picture and im very curious to see what will the price do once it hits the top of that channel. But im 90% sure it will go down afterwards. So that would be : buy the rumors- sell the news situation.
Only a huge FOMO based solely on " halving " will simply take bitcoin above that channel- but that in the market terms wont be healthy , and i wont chase such things.
If you want free access to my tel channel , pm me. Above 30% profit for this year already.
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Well , im still bearish... still inside the big channel , showing big rejection so far.
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