So far I am still bullish for Bitcoin until we break the green support line.
As you can see we could form another wedge bull flag like the previous 2 corrections.
It's funny that last week, YouTubers are all bullish, now if you open their channel, they seem bearish and concerned.
I simply don't blindly follow them, I use my own judgment based on what shows up on the chart right now. As I am writing this post, we still too early to call a bearish case and go back to the 21 weekly MA.
As you can see we could form another wedge bull flag like the previous 2 corrections.
It's funny that last week, YouTubers are all bullish, now if you open their channel, they seem bearish and concerned.
I simply don't blindly follow them, I use my own judgment based on what shows up on the chart right now. As I am writing this post, we still too early to call a bearish case and go back to the 21 weekly MA.
Note
Can we create a double bottom in the red support zone ? Or straight down?
formal education makes a living, self-education makes a fortune!
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formal education makes a living, self-education makes a fortune!
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.