on the one day candlestick chart you can see the momentum indicator did cross the zero line like it may have been a trend reversal. There has been a lot of positive stuff about crypto in the news the past few days and, while literally the day before I believed it was going to be in a bear market for at least the next three years, bitcoin you son of a bitch! you proved me wrong. And now I would cautiously say I think is the time to buy and sell at the pivot points as it goes up. I'm holding out to buy for the next few hours until I see if it breaks the resistance of the last high at about 94, if it does I will put it on but still have a cautious stop loss not much below it.
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.