Bitcoin bullish but not for long
Bitcoin is forming several higher highs and higher lows which is a bullish pattern for many traders. Bitcoin retraces also retraces back to the support before breaking it’s resistance which is a good sign for day traders. Short and long strategies could be made with this trend.
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.