As the down trend continues, we finally have a sell signal flashing for the daily time frame. Could we blast off to 40-41k and liquidate some shorts? Yes, very likely. But overall I feel another bloody weekend is coming.
And when the whole world and its youtubers are say 28-30k would hold, Bitcoin will again do what it does best, surprise you and dump further down.
In case of the dump, I will only secure spot orders for the coins I'm willing to add to my hodl bags. I would risk opening high leveraged positions during the bounce.
Stay focused guys.
Peace.
And when the whole world and its youtubers are say 28-30k would hold, Bitcoin will again do what it does best, surprise you and dump further down.
In case of the dump, I will only secure spot orders for the coins I'm willing to add to my hodl bags. I would risk opening high leveraged positions during the bounce.
Stay focused guys.
Peace.
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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.