Where is BTC in a macro view? What is key support/resistance?
BTC is in a correction, expected to be 2nd wave. We are just in the earlier phase of a new bull cycle.
I think of a sideway move of BTC this month, prepare for new impulse wave on next month.
Most of the things are on the chart.
BTC is in a correction, expected to be 2nd wave. We are just in the earlier phase of a new bull cycle.
I think of a sideway move of BTC this month, prepare for new impulse wave on next month.
Most of the things are on the chart.
Note
An update to the latest analysis. A bullish pennant is better to demonstrate BTC's situation than a descending triangle. As a result, BTC might test the lower edge at around $9600 one more time before having a good pump.Note
I'm still waiting for this to happen.
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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.