It's easy to get buying fomo during a Bitcoin rally, but I want to bring to everyone's attention that Bitcoin is STILL on a down trend. That doesn't mean if you buy now, the price will go lower, it just means that the odds are that will go lower.
On the Daily chart you'll see the date and price Bitcoin needs to close above to confirm a new uptrend.
To reiterate, the price on the DAILY chart needs to CLOSE the DAY above the prices listed.
On the Daily chart you'll see the date and price Bitcoin needs to close above to confirm a new uptrend.
To reiterate, the price on the DAILY chart needs to CLOSE the DAY above the prices listed.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
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.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
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.