BitcoinUpdated The Faux Breakout
I have seen some large name bitcoin twitter accounts talking about "not wanting to fade this breakout". I think that is rubbish. Based on everything we are seeing from volume this "breakout" is nothing but another lower high trying to form. Until we see real volume coming in to the market there is nothing that points to anything different. You will know when volume gets here, it will be obvious to everyone. This was not it. Not yet
Note
Wrong again! Whew this has been a rough few months....Thank you all who still follow and maybe I will get one right soon!
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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.