What a day for BTC! the coin reached a new ATH, and oficially made sure that 100% of BTC holders are in profit. However if you didn't buy bitcoin at 30,40,50 or even 60k and you are now thinking of entering a position, just read what I have to say and make your conclusions. BTC charts in the last month were very bullish for a new ATH (check my previous predictions if you want), but now from a trader perspective its very hard to enter a position. The OBV doesn't look to great, but do you really want to short now? And do you want to open a long, unless you find a bullish short term pattern.In my honest opinion buying retests on support levels might be the move here. Comment what tou think? Leave a like and follow.
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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.