bitcoin update
Atualizado
this is my bitcoin idea where i still expect more upside but would trade based on reaction at resistance. at the moment we are still making bullish market structure, going below 60k would make it more bearish
Nota
bitcoin keeps grinding down, without clear wave B(short squeeze). 69k is a sell for me and I still want to see the golden trendline hold as support preferably breaching it as a fakeout to trap more bearsNota
Fibonacci time tells me the move is likely to happen today-Friday latestNota
selling volume going down on this dropNota
but longs are going crazy, makes me think we will take the lows here againNota
we backtested the channel into resistance, as long as we are below 62500 we are going down most likely around 44-52k, check my previous trading idea uploaded
Aviso legal
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