Daily BTC analysis: Bitcoin is still looking weak and showing la
***Hello crypto fam, I do daily Bitcoin / Ethereum review here*** Let's look at #Bitcoin 🧵👇
I was sick for the past few days so could not post any charts.
As mentioned in my last post, I am not comfortable with this Bitcoin long until we get a close above $36.500.
Bitcoin is still looking weak and showing a lack of demand. I will not try to catch the bottom, I will let buyers react first, I believe the next area to buy will be around $28,900 then around 24K
My only advice is don't overtrade in this situation and wait for market reaction
Let's hope we pump soon. Until then keep an eye on your position and happy trading.
I was sick for the past few days so could not post any charts.
As mentioned in my last post, I am not comfortable with this Bitcoin long until we get a close above $36.500.
Bitcoin is still looking weak and showing a lack of demand. I will not try to catch the bottom, I will let buyers react first, I believe the next area to buy will be around $28,900 then around 24K
My only advice is don't overtrade in this situation and wait for market reaction
Let's hope we pump soon. Until then keep an eye on your position and happy trading.
Related publications
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.