As stated in my previous chart I was expecting a dip to 59k (it actually went down to the 57k levels, No harm done we bought the 57k without problem and rode the wave all the way to 71k)
so What do I see bitcoin doing next?
Obviously more pump but before it does I think it will go down to buy out all the shorts and stop loses, my targets to watch this time: will be around 60-63k, with a worse case scenario of 56k
Holding strong at those levels will impulse the market to possibly a higher high.
I forgot to mention holding above 66-67k is super bullish.
so What do I see bitcoin doing next?
Obviously more pump but before it does I think it will go down to buy out all the shorts and stop loses, my targets to watch this time: will be around 60-63k, with a worse case scenario of 56k
Holding strong at those levels will impulse the market to possibly a higher high.
I forgot to mention holding above 66-67k is super bullish.
Trade closed: target reached
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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.