BTC -Up reversal in sight?
Hello Traders,
BTC dumped hard last night and took all the alts with it.
We dropped into a historical demand zone, last time we were here the artificial pump followed by the rally to 9500 happened - actually I'm not suprised that we are here, only how fast we got here.
The next Days/Wekks will be crucial to Bitcoin. If this demand zone, that goes as low as 6350, doesn't confirm itself as a zone of confluent support, the next real interesting pricelevel to watch closely will be 5800-600 - and 4300 below that.
Still in Short positions from 7200, but definitely hedging a lot around 6600!
Good Luck
BTC dumped hard last night and took all the alts with it.
We dropped into a historical demand zone, last time we were here the artificial pump followed by the rally to 9500 happened - actually I'm not suprised that we are here, only how fast we got here.
The next Days/Wekks will be crucial to Bitcoin. If this demand zone, that goes as low as 6350, doesn't confirm itself as a zone of confluent support, the next real interesting pricelevel to watch closely will be 5800-600 - and 4300 below that.
Still in Short positions from 7200, but definitely hedging a lot around 6600!
Good Luck
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.