BTC at Business End of Triangle - Breakout or One Last Dip?
Bitcoin has had its ups and downs over the past few years, but now finally looks ready for a sustainable new bull run. That being said, there is certainly room for one more pullback over the next weeks/months, which would set up nicely for a Q4 breakout.
I'm already long and looking to add more if a significant pullback. In that scenario, I see 6k as the floor and would start laddering in around 7.5k. That might be the last good buying opportunity for the new cycle. Exciting times!
I'm already long and looking to add more if a significant pullback. In that scenario, I see 6k as the floor and would start laddering in around 7.5k. That might be the last good buying opportunity for the new cycle. Exciting times!
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.