From what I can see, BTC is trying to break the minor downtrend, I think once above 2600 we can confirm that. BTC analysis for me so far is best in higher time frames since the 1-HR chart shows way too much noise. Currently not a good place for either Long or Short as it is trying to develop value, but has been all over the map. Extreme abrupt selling like yesterday seems to me the best times to buy-in, otherwise just ignore all the rest, unless just slowly buying for the long. Happy weekend all.
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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.