Probably first a short squeeze giving space for the longs.
Unfortunately Longs are playing in a rising wedge in a downtrend
Probably a breakout downwards after that
Wich could mean another drop for BTC after the upwards movement.
Unfortunately Longs are playing in a rising wedge in a downtrend
Probably a breakout downwards after that
Wich could mean another drop for BTC after the upwards movement.
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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.