Bitcoin Short to Middle term trend idea
Hello. Hope you're in a good trading progress.
For short term, intraday trading - bitcoin may have weakness on coming days.
Volume towards the new ATH is not supported.
-Insider buying? Maybe not. They are good setting bull / bear traps.
-Those high leveraged trades by retail traders gonna be wash out.
Now, looking into weekly trends, Bitcoin maybe supported at level of 57k or 54k.
-Those high volume at price at those level should be a good level for the price to retrace before continue to more bullish November.
After all, trade with cautions.
Any FUD news maybe be out in 3 to 4 days from now.
These news are just to flush those weak hands.
Stay strong my friends. We got this!
#tothemoon
For short term, intraday trading - bitcoin may have weakness on coming days.
Volume towards the new ATH is not supported.
-Insider buying? Maybe not. They are good setting bull / bear traps.
-Those high leveraged trades by retail traders gonna be wash out.
Now, looking into weekly trends, Bitcoin maybe supported at level of 57k or 54k.
-Those high volume at price at those level should be a good level for the price to retrace before continue to more bullish November.
After all, trade with cautions.
Any FUD news maybe be out in 3 to 4 days from now.
These news are just to flush those weak hands.
Stay strong my friends. We got this!
#tothemoon
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