BItcoin looking good in the 4H chart, and crypto market looking green again. Bitcoin has a strong support at 58K (which is very bullish), and if BTC break the 63K resistance we can hit a new ATH soon. RSI is also looking very promising to a bitcoin price increase. After BTC ETF's, MSTR anouncing that they are buying and holding more bitcoin, considering that all FUD is gone and retail is buying we can see the crypto market going wild in the next month. SPX is also seeing new ATH over and over which means that markets are going up along crypto. After that remember that a big crash is going to happen, so if you are not a long term holder, just take profits if you don't want to be stuck with financial products at a loss. Whats your thoughts about the topic? Comment, like and follow.
Note
My bad I didn't draw the 63K resistance
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.
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.