Bitcoin has been seeing some nice volatility lately, providing many opportunities for profitable trades both ways. On the near term 15 minute chart, looks like a H&S is setting with a $16k target; confirmation is prudent to make the idea actionable. Of course, buying dips in a bearish trend is great for long-biased traders/investors but short term traders should look for their profit targets and stick to them.
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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.