We are looking at all indicators capped out here (stoch rsi and macd)
so i think we are due for a retrace , yet we are still bullish so btc should break out the rising wedge then continue to progress in an upward channel
just have your eyes peeled for bitcoin community and whales looking push the breakout of the rising wedge upward past 6k
i dont think it will happen but its a confusing crypto world at the moment.
Ultimately my opinion is long for bitcoin because in the long term - long is the real and only answer
so i think we are due for a retrace , yet we are still bullish so btc should break out the rising wedge then continue to progress in an upward channel
just have your eyes peeled for bitcoin community and whales looking push the breakout of the rising wedge upward past 6k
i dont think it will happen but its a confusing crypto world at the moment.
Ultimately my opinion is long for bitcoin because in the long term - long is the real and only answer
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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.