Bitcoin: Where are we?
Updated
Anything that happened above 60200 is now considered a noise until Bitcoin can go back there and close another 1D candle and confirm a continuous uptrend.
Right now Bitcoin is safely going up the uptrend channel which is a good sign, but this uptrend channel has a lower band that is there to support the corrections.
Overall, There's still much room for Bitcoin to grow (as I mentioned in my last BTC idea).
But now we might have some corrections to the support areas.
Right now Bitcoin is safely going up the uptrend channel which is a good sign, but this uptrend channel has a lower band that is there to support the corrections.
Overall, There's still much room for Bitcoin to grow (as I mentioned in my last BTC idea).
But now we might have some corrections to the support areas.
Trade closed: stop reached
Bitcoin is no longer in the uptrend channel.
Related publications
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.