There's a high change that Bitcoin has topped out for the moment... ⚠️ (Max ~80k)
but this doesn't mean we'll experience a long Down-Trend. 📉
(Based off my chart drawn since early 2023 - Recently stacked +1 additional Blue & Orange Channel.)
We could be in the middle of a big Bull-Run. 🚀
but some Consolidation and Pullbacks, is always needed, and healthy. 👌
Source: SimilarWorlds:
https://similarworlds.com/trading-crypto/crypto/adtrading/4964239-Bitcoin-Top-For-now-Theres-a-high-change-that-Bitcoin-has
but this doesn't mean we'll experience a long Down-Trend. 📉
(Based off my chart drawn since early 2023 - Recently stacked +1 additional Blue & Orange Channel.)
We could be in the middle of a big Bull-Run. 🚀
but some Consolidation and Pullbacks, is always needed, and healthy. 👌
Source: SimilarWorlds:
https://similarworlds.com/trading-crypto/crypto/adtrading/4964239-Bitcoin-Top-For-now-Theres-a-high-change-that-Bitcoin-has
Trade closed: target reached
✅ Now Closing this 🔽 Short Call @ Bitcoin $71kTraded the swings / consolidation well, rather than staying exclusively short.
No losses, but had to be patient, sat out for days when unsure. 🙏
🌟 Currently: Cautious Buys ~54k-47k 🔼
similarworlds.com/trading-crypto/crypto/adtrading/5048780-Closing-Short-Call-Bitcoin-71k-Bitcoin-Top-For-now
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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.