Bitcoin is now in a short-term accumulation process after Friday's strong bounce. Before resuming the uptrend, ir needs to equilibrate forces. In red I've marked a probably buying zone (reversal zone). As a traders, we should wait until the price show its intentions, not trying to adivinate. That's why, for now, my position is neutral.
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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.