After a week of whale action, artificial alt pumps and a confirmed inverse BTC head and shoulders... BTC is not looking that great. All the indicators for now look like we might go down to the lower red fib (support). What happens there is anyones guess. I sold some BTC and will rebuy on the support. Fingers crossed off course for this support. If we break it we might retest the 6K. Somewhere I hope we do so more people in the market get another chance to buy low. I would assume we would sky rocket after that. Stay tuned.
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.