BTC Channel
I'm not against Bitcoin bull. I know in years, crypto market cap will overtake gold.
BUT you wanna be safe before you execute a long position on this big boi.
BTC currently trading in a descending Channel.
You wanna buy once it breaks upwards and retest the upper channel.
Otherwise, wait.
Not having an open position is a better move than having an open position with no analysis.
I personally think, BTC has to go lower, because central banks and big players that control the markets are cheap. I think 9K USD a Bitcoin is still too expensive for them.
BUT you wanna be safe before you execute a long position on this big boi.
BTC currently trading in a descending Channel.
You wanna buy once it breaks upwards and retest the upper channel.
Otherwise, wait.
Not having an open position is a better move than having an open position with no analysis.
I personally think, BTC has to go lower, because central banks and big players that control the markets are cheap. I think 9K USD a Bitcoin is still too expensive for them.
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.
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.