A lake of calmness in the storm - BTC daily chart
Updated
Love the fact that daily charts sometimes makes things so much clearer. The crazy volatility that BTC has experienced over the last 3 days seems so much less complicated and tells a different story when viewed on 1D as opposed to higher timeframes.
For all its gyrations BTC is just taking a breather for now by the looks of it. Will we see a major correction? Maybe if some bad news comes out. Always play safe and use a stop if you're not planning on HODLing.
For all its gyrations BTC is just taking a breather for now by the looks of it. Will we see a major correction? Maybe if some bad news comes out. Always play safe and use a stop if you're not planning on HODLing.
Note
That's two doji in a row which means they cancel each other out I guess.What do you think?
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