Bitcoin

Why BTC is Stumbling?..

182
Hey Guys,

If you have seen my recent posts / videos you'll know that we are NOT loading in anything ever.

What you can see on BTC now is RZ2 (resistance zone 2) being hit hence the sideways movement.

Many FOMOers over leverage at these points... And it doesn't end pretty..... In the LONG term (see past results of BTC Moves).

Remember we are not saying that it will not race higher, but one must reflect on the DATA of the asset. Is it old? Is it New?...

Blue line represents the area that is likely to form a bounce (ESZ1).

Too much of anything.. Makes you sick.

So do not be a RISKY Trader trade things that deliver consistency :)

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.