Bitcoin: no clear direction
My prediction from september 2019 predicted Bitcoin to hit 34.000 in the first week of January 2021. It did (check my idea "Bitcoin, calling it").
However, the market has now lost a clear direction. I think those who are still long should watch their stop losses, while those shorted as well. The market direction might turn here, just as easily as it might continue up to 56.000 in February 2021. Everything is possible now, so watch closely.
However, the market has now lost a clear direction. I think those who are still long should watch their stop losses, while those shorted as well. The market direction might turn here, just as easily as it might continue up to 56.000 in February 2021. Everything is possible now, so watch closely.
Related publications
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.