Is a correction underway for Bitcoin ?
Updated
in the last few days we have seen the trend getting weaker the price action is suggesting that a correction is more likely before we can go above 75 and 80k$ .
take this analysis with a grain of salt but i think next week's fed rate decision is not gonna be dovish .
i will start buying when it finally bottoms . but this price action is weak for a bullish trend to continue
time will tell
take this analysis with a grain of salt but i think next week's fed rate decision is not gonna be dovish .
i will start buying when it finally bottoms . but this price action is weak for a bullish trend to continue
time will tell
Trade active
entry point 73k stop loss 75k
i will inform you when i close this out
Trade active
first target of 70k$ reached . close one third of tradeTrade closed: target reached
65k$ was my last liquidity point . we can expect more downside move after a minor upside correction.
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