Bitcoin: Weekly Overview!!!
Bitcoin still in this downtrend and the price still in the range of $16,800 USD what bears are taking control in this trend and also, this it's a nice opportunity that price speak us that investor keep with this bearish sentiment.
So, we could to trade in swing trading and short Bitcoin from this timeframe if you want or analyzing big timeframes like Daily timeframe and H4 or H8 timeframe.
H4 and H8 timeframe are better timeframe if you trade over Day timeframe strategy. But it's a nice setup that I'm very clear with this perspective that price it's been leading to make a new minimum around $12,365 USD- $13,523 USD.
If you buy in this range, this could be a good strategy to starting to accumulating Bitcoin in this opportunity that Christmas season give us .
So, we could to trade in swing trading and short Bitcoin from this timeframe if you want or analyzing big timeframes like Daily timeframe and H4 or H8 timeframe.
H4 and H8 timeframe are better timeframe if you trade over Day timeframe strategy. But it's a nice setup that I'm very clear with this perspective that price it's been leading to make a new minimum around $12,365 USD- $13,523 USD.
If you buy in this range, this could be a good strategy to starting to accumulating Bitcoin in this opportunity that Christmas season give us .
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.