In case you didn't know, this was thanks to the FEDs conference that had place today; it was definitely not good news for the USD, so people buy other assets as a hedge for fiat devaluation and general inflation...and what's the "star asset" for that now? DING DING! You got it...Bitcoin.
The ADX is still signaling an uptrend move, but it totally depends on price action; if the ADX weren't marking a trend continuation, I would short it, but I guess I need to sleep peacefully today, so tomorrow I'll just try to buy cheaper. Cheers!
The ADX is still signaling an uptrend move, but it totally depends on price action; if the ADX weren't marking a trend continuation, I would short it, but I guess I need to sleep peacefully today, so tomorrow I'll just try to buy cheaper. 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.