Point : After breaking key .05 support we have come back to test it as resistance and it looks like its holding for now. We are in a thin trading zone between .05 and .014 and I still think the BTC bull is around just a lot of FUD around it right now with BCH pumping. I'll take my chances and SHORT here with a stop-loss with a daily close above .05 targeting .014.
Counter Point : A big reversal could be in with 2x called off now people have withdrawn their BTC for alts and the alt rally is real.
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.