In the past 3 weeks support has been formed at $59636 and it was broken only once. 50EMA is climbing well over 200EMA. We should be seeing a new ATH today or tomorrow, most likely around 70k and then the price should go up to 80k, where it will surely pause for a while.
Idea: Buy at $65000, Sell at $80000
Then, there may be a possibility of going short at 80k, but it will depend on when the 80k is reached. The sooner BTC hits 80k, the more attractive the idea of going short at 80K will look like.
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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.