Bitcoin is back at the first entry on this massive short idea. We did rise up to fill the higher entry.
Per my analysis what Bitcoin is truly doing - is weaving above and below this major bearish trend line. What looks like a wedge, is rather this interaction above and below this bearish trend line. Zooming in can show a clear cut through and respect on either side.
DXY is completing a bearish retest when forex starts up in just over 24 hours. Very possible we see some dramatic movement this weekend.
Per my analysis what Bitcoin is truly doing - is weaving above and below this major bearish trend line. What looks like a wedge, is rather this interaction above and below this bearish trend line. Zooming in can show a clear cut through and respect on either side.
DXY is completing a bearish retest when forex starts up in just over 24 hours. Very possible we see some dramatic movement this weekend.
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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.