BTC Daily chart, i'm a little bit surprised how there is so much focus on the consolidation price action vs the macro look on the price action, showing that BTC broke out of a descending resistance
That being said, I will not be entering this short, perhaps, i'll look into it and see if there will be a retest pullback, and see a reversal, I will most likely enter a long.
If we broke that support, I will most likely short it back to the 30k levels.
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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.