Bitcoin short ration at resistance level once again on bitfinex
Could see a rally here finally once again as shorts get squeezed.
I do NOT think bottom is in, but a healthy 20-40% rally is overdue soon.
We have not seen capitulation and I can see us testing 0.886 fib down at ~$2340 level as final resting place. $1300 seems like a pipe dream (past high).
I do NOT think bottom is in, but a healthy 20-40% rally is overdue soon.
We have not seen capitulation and I can see us testing 0.886 fib down at ~$2340 level as final resting place. $1300 seems like a pipe dream (past high).
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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.