The current outlook for BTC suggests a presence of liquidity in the market.
The price is anticipated to initially eliminate early sellers and buyers by trending upwards. This upward movement is expected to compel early sellers to break even or exit the market, following which a subsequent decline will eliminate early buyers. The market may then enter a phase of consolidation, before making a move either upwards or downwards.
The price is anticipated to initially eliminate early sellers and buyers by trending upwards. This upward movement is expected to compel early sellers to break even or exit the market, following which a subsequent decline will eliminate early buyers. The market may then enter a phase of consolidation, before making a move either upwards or downwards.
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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.