Told ya so... 😉 Swing Traders: Expect a breakout between now and Sunday. Preferably towards 46k area as previously noted Scalp Traders: Good Luck! Downward trend right now... Good alerts between 54k- 56.5k ...No Long Term Advice as I am not a long-term trader. THIS IS NOT FINANCIAL ADVISE. TRADE AT YOUR OWN RISK WITH YOUR OWN ANALYSIS. - FUNDAMENTAL IS KING ...
For now the trend seems to be in a consolidation until it breaks I would call short due to the massive liquidation of long postions by sharks and whales, OVER 7.6 BILLION. This is a fundamental and not a technical analysis, observe the market carefully and enter as you see fit. COINBASE:BTCUSD