Getting Ready, But Not Trigger Happy
BTC is once again above the 42k level and it is a great signal that the bulls are crushing the bears. Can't declare the victory unless BTC price stays above the 41k support for another 48hrs. It is possible this could be a fakeout and the price can drop below 40k once again, trapping the bulls. I will definitely give 2 more days to get me the confirmation I need that the bulls are strong.
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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.