Bitcoin Long Opportunity
Bitcoin is sitting at the top a bull flag that is getting ready to form with price action dropping to 25k-- buy here-- then continuing its run to 45-50k area. The DXY Has entered long term bear flag that may continue as we bounce of the long term support line. With more money printing on the way, the long term outlook for bitcoin will continue to be positive until the money machine finally stops turning. Look for the break from the long term bear flag of the DXY for the next big move in BitCoin
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.