Bitcoin is seeing a fix battle grounds trying to maintain the 7k levels, yet people pushing longs across social media and optimistic on a massive "bull flag." Don't see much buy volume coming in to support an uptrend. Just new lower highs and lower lows on the short timeframe. I expect a 5200 bitcoin, maybe a hiccup at 6300. To play the market a buy in march before the halving to ride the hype for the speculative market wanting new highs after the halving. Taking a look at litecoins past halving it didn't go so well as expected by many people besides the commercial investors. I expect to hit a mid 8k before the halving due to vpr and close resistance and support lines. I accumulate no matter what because of the defi movement.
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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.