Bitcoin in a no trade zone
I think it's very risky to take position here, I'm just watching, hoping for the previous trend line to become a support, would be very encouraging. If it break down, I'm not expecting a big downside, unless if it break the green resistance. Great probability to stay in his range.
More incertitude in the market due to the tether drama which have a significative importance in the price action, bad news could be terrible for bitcoin. Bakkt, Fidelity,
Coinbase-Blackrock rumor can be huge catalyst, only few informations and still nothing accomplished yet. Lot of things needed to ensure the sustainability of bitcoin but it still seems to have a bright future.
What are your thoughts ?
More incertitude in the market due to the tether drama which have a significative importance in the price action, bad news could be terrible for bitcoin. Bakkt, Fidelity,
Coinbase-Blackrock rumor can be huge catalyst, only few informations and still nothing accomplished yet. Lot of things needed to ensure the sustainability of bitcoin but it still seems to have a bright future.
What are your thoughts ?
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