Bitcoin is been ranging for a while now. Structurally we are ready for a big dip that may go much much lower. Ideally its best to cut your longs by the weekly zone or before that and wait for sell confirmation.
Note
I made mistake. SHORT NOT LONG. BIAS IS SELL
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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.