No TA, Only Trend Analysis
A globally buying pressure, extreme good fundamentals, and more updates in a short period of time are sometimes a Bearish sign.
Bull run was already confirmed a couple of months ago, but after that there was no any Pullback because of ETF approval and huge money flow into the Bitcoin,
It was just a initial buy phase that confirmed a 2nd buy phase which always comes after a healthy correction.
My idea short on BTC is 38k
A globally buying pressure, extreme good fundamentals, and more updates in a short period of time are sometimes a Bearish sign.
Bull run was already confirmed a couple of months ago, but after that there was no any Pullback because of ETF approval and huge money flow into the Bitcoin,
It was just a initial buy phase that confirmed a 2nd buy phase which always comes after a healthy correction.
My idea short on BTC is 38k
Note
Again I am Long ON BTC
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.
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.