Two ways to look at this.
1. Pretty ideal point for to sell BTC for possible a chance of small gain from a dip in the next few days.
It should retrace and test supposrt in the cloud at $3800 to $4000 USD before heading back up to another resistance level at $4500.
2. However, if this is anything like last month,then
BTCUSD will spend the next week on a massive spike to beyond ATH prices before crashing from the hard fork fear.
MACD and WT show the contrary, but it also did around late august and early September so the safest bet is just to hold until we see a top on the daily chart.
1. Pretty ideal point for to sell BTC for possible a chance of small gain from a dip in the next few days.
It should retrace and test supposrt in the cloud at $3800 to $4000 USD before heading back up to another resistance level at $4500.
2. However, if this is anything like last month,then
BTCUSD will spend the next week on a massive spike to beyond ATH prices before crashing from the hard fork fear. MACD and WT show the contrary, but it also did around late august and early September so the safest bet is just to hold until we see a top on the daily chart.
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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.