Fake out candle before rejecting or is BTC ready to leg up?
Mis à jour
We've seen nothing but up over the past 8-10 months (Since the March 2020 crash) and yes we've seen little downside rallies but we haven't had a proper red candle or week in so long and if it isn't today, or tomorrow, or next week, it will probably be sometime in Q1 and i still believe we will see $16-21k in 2021.
I'm only posting this because last couple of my TA's have been bearish and one of them wrong so I'm posting the bullish scenario in case it does happen.
Don't get it twisted though, 30% pull backs are very normal and regular in bull markets and wouldn't be surprised to see it sooner or later.
$50,000 will be a HUGE resistance for Q1 (psychological)
I'm personally bearish but the charts possible are indicating one more leg up, one of these legs yup has to be the local top for a decent downtrend to get initiated....i can feel a crash in my bones and leveraged longs will cry in the end.
Enjoy your day my friends, and enjoy this TA.
Are you bullish or bearish at $41,000 USD?
I'm only posting this because last couple of my TA's have been bearish and one of them wrong so I'm posting the bullish scenario in case it does happen.
Don't get it twisted though, 30% pull backs are very normal and regular in bull markets and wouldn't be surprised to see it sooner or later.
$50,000 will be a HUGE resistance for Q1 (psychological)
I'm personally bearish but the charts possible are indicating one more leg up, one of these legs yup has to be the local top for a decent downtrend to get initiated....i can feel a crash in my bones and leveraged longs will cry in the end.
Enjoy your day my friends, and enjoy this TA.
Are you bullish or bearish at $41,000 USD?
Transaction en cours
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.