Well, as any other person, I would also like to take a time to give a pat on back since we have hit our targets in BTC. 25K is done.
Now what to expect?
While there is increased trading activity due to some events, its still not looking overlay positive for BTC in long run. I expect it to face resistance here and fall back to see if there are whales willing to push further - I doubt there are.
This will be a strong long term resistance and we will see price bouncing between this and about 18k regularly.
At least for few weeks.
Lets see what BTC holds for us, personally we are closing all the longs. Not entering shorts just yet though, as system hasn't given a short signal yet.
Lets wait and watch.
Now what to expect?
While there is increased trading activity due to some events, its still not looking overlay positive for BTC in long run. I expect it to face resistance here and fall back to see if there are whales willing to push further - I doubt there are.
This will be a strong long term resistance and we will see price bouncing between this and about 18k regularly.
At least for few weeks.
Lets see what BTC holds for us, personally we are closing all the longs. Not entering shorts just yet though, as system hasn't given a short signal yet.
Lets wait and watch.
“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.