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Bitcoin
Long

BTC/USD Analysis

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Last week's price drop from 108k to 104k appears to be a fake rally to the downside. The latest COT report reveals that long positions continue to increase, while short positions decrease. This suggests that commercials remain bullish and are positioning themselves for a potential price increase, indicating a strong interest in taking BTC higher.
Mhiztaruges
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Fundamental AnalysisTechnical IndicatorsTrend Analysis
Mhiztaruges
Also on:

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.