Do not stress out, macro picture for Bitcoin at the moment looks super great. Yesterdays dump is nothing that really worries me at the moment. We are very likely going to test a demand zone at 8.7-9.1k, that's where I will add to my longs heavily. I have already started buying dips, but at 8.7-9.1k area (grey area on the graph) I will start adding to my leveraged longs.
If we get to 9.8k area from here, depending on the action, but I will start looking for shorts there for a move to a previously mentioned grey area.
That's that, future is bright with Bitcoin guys, don't panic and stay focused!
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.