BitcoinShort
Bitcoin (BTCUSD) - How Long Do We Hold $100,000 For?
Happy new year traders!
This is a perfect time to do a review on BTCUSD as it's the 1st month where you see the beginnings of the 6-Month candle form, which can be very powerful for gauging a bias.
MASSSSIVEEE movements from 2023 onwards, booking returns of over 550% if you bought during the beginning of that year.
When you think about a healthy market, you also consider the likelihood of a retracement which, in Bitcoin's case has not occurred since 2022.
The question isn't if but when...
This is a perfect time to do a review on BTCUSD as it's the 1st month where you see the beginnings of the 6-Month candle form, which can be very powerful for gauging a bias.
MASSSSIVEEE movements from 2023 onwards, booking returns of over 550% if you bought during the beginning of that year.
When you think about a healthy market, you also consider the likelihood of a retracement which, in Bitcoin's case has not occurred since 2022.
The question isn't if but when...
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.