BTC bullish up or bullish down ?
Someone once said, "The most bullish thing a stock can do is go up". However, in this case, the most technically bullish move BTC can make is to complete its lower-level correction (a-b-c). If BTC continues to gradually rise, it could suggest the formation of a higher level Wave C of B, which my turn bearish
Note
As the chart indicated, Up does not always mean bullish
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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.