BTC/USD has traded into a range discount and bounced back to premium levels. We’re closely monitoring the 59,487.42 level, which marks a 4H bullish market shift. Our eagle eyes are on this level—if it rejects and we see bullish price action, we’ll start looking into long compound trades.
While it's uncertain if the market is fully bullish yet, we're cruising within a weekly bullish range, so we’re avoiding any large bearish trades unless that range is broken.
Wishing you all a great weekend. Stay tuned and stay sharp!
While it's uncertain if the market is fully bullish yet, we're cruising within a weekly bullish range, so we’re avoiding any large bearish trades unless that range is broken.
Wishing you all a great weekend. Stay tuned and stay sharp!
Daniel P. Fadejev
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.
Daniel P. Fadejev
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.