$BTC, correction or continuation of the short-term uptrend?
BTC currently hovering around $5800 and $5600. Going long? I would rather wait until it consilidates the level at $5600 and then we might have possibilities to go long with a stop-loss below the last pivot at around $5500.
ATTENTION! Yes, we are having several bullish signs. However, BTC is still in a bearish downward trend. Until it doesn´t clearly reverse, we shouldn´t focus too much on long positions.
BTCUSD
The Copilot
ATTENTION! Yes, we are having several bullish signs. However, BTC is still in a bearish downward trend. Until it doesn´t clearly reverse, we shouldn´t focus too much on long positions.
BTCUSDThe Copilot
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.