I find it hard to believe given the structure on the chart that BTC will not at least make a new ATH.
The 2 main scenarios I am thinking about are we either go up from here and then get rejected or we visit the demand below where a long would be warranted.
Anything else would be considered as PA develops.
I prefer the drop first and then challenge ATH to increase the odds if price going into price discovery thereafter.
The 2 main scenarios I am thinking about are we either go up from here and then get rejected or we visit the demand below where a long would be warranted.
Anything else would be considered as PA develops.
I prefer the drop first and then challenge ATH to increase the odds if price going into price discovery thereafter.
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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.