BTC Trading Range - Potential Short?
- BTC current trading between 49000 and 51000
- The same pattern has occurred previously which, was followed by a hard drop
- I am expecting it to do the same since the overall direction for BTC is in a downtrend but will need to wait for a strong confirmation
- Once the weekdays start and strong buyers push it in to bring it up to 52000, I will look to go long but in the current market state, I am expecting a bigger correction to occur
- The same pattern has occurred previously which, was followed by a hard drop
- I am expecting it to do the same since the overall direction for BTC is in a downtrend but will need to wait for a strong confirmation
- Once the weekdays start and strong buyers push it in to bring it up to 52000, I will look to go long but in the current market state, I am expecting a bigger correction to occur
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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.