to all incoming crypto fanboys: this by no means the monster rally is over, many times BTC has faked rollover tops right before doubling in value.
However, it does look like it's rolling over. Simply an idea, no picking a direction here as it could still go either way
However, it does look like it's rolling over. Simply an idea, no picking a direction here as it could still go either way
Note
That being said a breakdown of the parabolic growth underline might signal a bigger selloff so I would be short. Similarly, a sustained push above 60k I would go long
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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.