This is not an indication that bitcoin will reach anything higher than 4-5k. Current resistance is at 4k after the last steep drop.
Bitcoin will most likely rally towards 6k by the end of the year. Keep an eye out for little dips and set your current stop losses for $80-120 fluctuations.
Bitcoin is still in a bearish trend, do not overcommit to this price point. We may see 2.8k bitcoin this Q1. If we drop that low I recommend making a large bet that we will not see a better deal.
Cheers
Bitcoin will most likely rally towards 6k by the end of the year. Keep an eye out for little dips and set your current stop losses for $80-120 fluctuations.
Bitcoin is still in a bearish trend, do not overcommit to this price point. We may see 2.8k bitcoin this Q1. If we drop that low I recommend making a large bet that we will not see a better deal.
Cheers
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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.
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.