Long
BTC
Bitcoin looking bullish in medium term.
Chances of bitcoin breaking resistance of .618 and head to 8.5k would be highly unlikely. Now the chances of Bitcoin breaking recent old time highs by U.S elections or by end of the year is plausible. I expect a bearish opening to the week but by Wednesday lift off will commence to local ATH.
Chances of bitcoin breaking resistance of .618 and head to 8.5k would be highly unlikely. Now the chances of Bitcoin breaking recent old time highs by U.S elections or by end of the year is plausible. I expect a bearish opening to the week but by Wednesday lift off will commence to local ATH.
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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.