After an explosive rally, BTC might be prime for a pull back before commencing the next leg higher. We can clearly see a 5 wave sequence on this weekly chart. It might move a bit higher but i think the upside is limited at current price point and chasing this market might not be a smart move.
Related publications
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.
Related publications
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.