BitcoinLong
50'000 coming, then what..?
50'000 could act as a magnet near term, but will definitely have to clear rsi divergence for new ath.
2 scenarios for me:
1) consolidation in the 50-40k range for the coming weeks (more likely)
2) back to ath in the coming weeks but this will need a significant buying pressure
Any level below 40 is still a buy imo.
Cheers.
2 scenarios for me:
1) consolidation in the 50-40k range for the coming weeks (more likely)
2) back to ath in the coming weeks but this will need a significant buying pressure
Any level below 40 is still a buy imo.
Cheers.
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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.