Bitcoin: Boring PA: Squeeze soon?
Bitcoin has been slowly grinding up after the stimulus news dump this week. Lots of people short from 10.9-10.8k still. The dumps have been getting bought back up quickly in the past week. We have been painting higher lows and lower highs for a while forming the pennant (with longer term uptrend and shorter term downtrends) and with prices barely ranging here - Buyers at 10.4k+ and sellers at 10.8k ish and price ranging in between - there will be a big squeeze soon to liquidate one side and this will paint the next move.
Likely will be a pretty big move up or down. Upwards targets of $11,150 - $11,400
Downwards to $10,000 and lower.
Likely will be a pretty big move up or down. Upwards targets of $11,150 - $11,400
Downwards to $10,000 and lower.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.