Bitcoin- Dips seem to be bought
Updated
Yesterday I draw attention that a recovery could happen for Bitcoin.
Looking at the chart and at how it reacts under 35k, dips seem to be bought, although there is not high volume so far.
At this moment a temporary bottom seem to be found and BtcUsd can rise to test 38k zone
Although I will remain bearish in the mid-term, for speculative purposes, buying under 35k can be a good strategy.
A new low under 34k would negate this scenario
Looking at the chart and at how it reacts under 35k, dips seem to be bought, although there is not high volume so far.
At this moment a temporary bottom seem to be found and BtcUsd can rise to test 38k zone
Although I will remain bearish in the mid-term, for speculative purposes, buying under 35k can be a good strategy.
A new low under 34k would negate this scenario
Trade closed manually
Closed Btc buy. No power
🚀 Elevate your trades with a 20-year market veteran!
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
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.