Okay community of crypto, many of you are excited about the last uptrend we are seeing in Bitcoin. However if 5800 was the bottom wouldn't you expect higher volume; Major investors putting skin the game? What a great opportunity with the projection of bitcoin to 35k - 50k. The reason is we are still not finish I cannot maintain bias towards one spectrum of the market if we break about 14,000k I would be convinced correction is over. I have to side with that being unlikely. On the weekly chart we have an engulfing candle stick with low volume. I understand many traders will be caught by greed trying to catch the top and the bottom. (think in terms of R:R you are risking .027) This is how most retail traders go back to their 9-5 jobs you blow up your whole portfolio going long with no confirmation pure emotion. If we break about 14,000 with strong volume coming in I am a bull for now its still too much risk to go long term.
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