Bitcoin July 2024
We are experiencing a normal correction, nothing unusual for now.
We have a couple of buyingopportunity left, I am no convinced we are moving in that direction yet. BTC is in a similar sideways action to last year 2023 summer.
If the blue line crosses the white line I am bearish. I will explain in a later post why.
For now Do not trade, do not buy, is not a good buy opportunity risk reward ratio.
Hold your positions and wait for a consolidation without catching knives.
We have a couple of buyingopportunity left, I am no convinced we are moving in that direction yet. BTC is in a similar sideways action to last year 2023 summer.
If the blue line crosses the white line I am bearish. I will explain in a later post why.
For now Do not trade, do not buy, is not a good buy opportunity risk reward ratio.
Hold your positions and wait for a consolidation without catching knives.
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.