Bitcoin remains in a two month consolidation range, Bulls are hopeful a triple bottom formed, while Bears consider overall trend weakness puts $20K in play. I have no idea where prices will be tomorrow, next week, next month... you get the idea.
The market is consolidating, until a clear trend forms, it's anyone's guess what's next on technical. On chain, lightning stats, and, overall fundamentals are significantly more supportive than May. Lightning network growth is impressive.
Taken as a whole, I continue to DCA and remain bullish long term.
BTCUSD
The market is consolidating, until a clear trend forms, it's anyone's guess what's next on technical. On chain, lightning stats, and, overall fundamentals are significantly more supportive than May. Lightning network growth is impressive.
Taken as a whole, I continue to DCA and remain bullish long term.
BTCUSD
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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.