The dip to $6k and rapid rebound in price is meeting strong resistance above $11,000.
Futures markets have seen negative premium confirming profit taking and a bearish sentiment.
A few days of sideways consolidation with a potential Adam and Eve bottom is one potential future.
Will probably scale into a position between $8k-$9.1k.
Futures markets have seen negative premium confirming profit taking and a bearish sentiment.
A few days of sideways consolidation with a potential Adam and Eve bottom is one potential future.
Will probably scale into a position between $8k-$9.1k.
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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.