BTCUSD's attempt at the $3000 ATH in June 2017 was followed by an the initial selloff, then several weeks of sideways movement, before a huge plunge to $1850 (a previous high) before beginning the move upwards towards $5000. Will we see something similar now?
Perhaps a period of sideways movement, followed by a plunge (perhaps toward $3000 - June's previous high), before continuing movement upwards to $5000 - and beyond.
Strategy: Short, then Long
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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.