Bitcoin seems to have formed a Wyckoff Accumulation pattern. The A/D indicator also shows the same thing: the accumulators are still buying. Be ready for, possibly, 1-2 months of further ranging market, before Bitcoin makes a strong, unstoppable run. Right now, what you can do is to just buy Bitcoin at 30K and wait until your order(s) get filled. For now, I am neutral on Bitcoin.
(Just an opinion!)
(Just an opinion!)
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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.