The Bitcoin rally turned out to be a fakeout, as we stressed here in these reports. Hopefully, no reader got caught in the 'bull trap' as we've done our best to warn you. This range has continued and there is nothing to indicate a proper bull rally in crypto on the horizon. Until then its range trading, unless a serious bid comes through in stocks, perhaps. We've given up $30K again, immediately seeking comfort in the 
29K's. We are hovering just above our level at $28.8K, with $27.9K sure to hold just below that if needed. The $30K's remain a barrier with $30.2K and 
31K likely targets if we do catch a rally, with $32.3K a hard upper bound.
29K's. We are hovering just above our level at $28.8K, with $27.9K sure to hold just below that if needed. The $30K's remain a barrier with $30.2K and 31K likely targets if we do catch a rally, with $32.3K a hard upper bound.
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Join my discord at discord.io/quantguy
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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.