studying buys off the lower bollinger this year, 2 hr and 4 hr chart. Lots of good buys, but you can see the slowing efficiency of bitcoin.
market will have to decide whether we are at a bottom or not. I drew an elipse illustrating our current point as a bottom, of sorts.
why not collapse to 5900 then offer us a bit of a jump?
great news on soros and other big people throwing into btc
but with elite traders online, nobody is giving into hysteria. Expect to have everyone wait until we arrive in the 5K area before anything interesting happens
just restudying how to trade in a down market, get ready for a down slope, requiring calling mini-temporary bottoms, with the bollinger, then getting out before the next plunge
market will have to decide whether we are at a bottom or not. I drew an elipse illustrating our current point as a bottom, of sorts.
why not collapse to 5900 then offer us a bit of a jump?
great news on soros and other big people throwing into btc
but with elite traders online, nobody is giving into hysteria. Expect to have everyone wait until we arrive in the 5K area before anything interesting happens
just restudying how to trade in a down market, get ready for a down slope, requiring calling mini-temporary bottoms, with the bollinger, then getting out before the next plunge
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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.