BitcoinUpdated possibly predicted path
I will not recommend getting into a position here. But if i was in a long i would not be selling yet. My prediction is there will be consolidation around this level and then bitcoin will break out of the red channel.
Note
So far so good. People with longs may be considering closing, but it could be a mistake. If it turns out they were wrong and market continues up there could be some fomo of sorts.Note
Broke out sooner than expected. gg
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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.