Long

BTC - Look for small bullish move here, over the next few days

I realize there is a lot at play here outside of TA. We have the futures market possibly controlling some of the moves, we have regulation FUD spreading like wild fire.. but hey we've been through worse. Remember when China banned crypto a few months ago? Yeah, that went away quick. Only 1% of the global population holds cryptocurrency... Just think about that for a while.. Which direction do you think it'll go? in the short term (daily) it looks like it should go up to the top of the channel and possibly break out. Again, there is a lot at play that can cause a different scenario.
we're looking at possible change of trend in early February. Sit tight and enjoy the ride.

madrust

Also on:

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.