BTC Bitcoin Wild Ride - Short-term take profits, long-term OK
#Bitcoin - not for the faint of heart. For a gambler like me, its fun
Since buying the breakout in the 4-hour chart worked, I'm selling here with a little profit as it breaks its steep uptrend. We have some technical indicators turning, so we could see a few hours of weakness. Maybe.
But there was no technical divergence, so its possible we keep testing these highs or making new ones in the short-term. I'm OK being patient and watching again with my trading positions.
On a weekly time frame, I'm a broken record - still bullish. Long-term holders stay.
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.