Bitcoin looks a bit frothy
The signals are flagging bitcoin as being a bit frothy and in need of a healthy retracement.
Bitcoin could retest around $50 000 within the next the next 2 weeks. Hopefully it continues to spike thereafter.
This is a short term view...
Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
Bitcoin could retest around $50 000 within the next the next 2 weeks. Hopefully it continues to spike thereafter.
This is a short term view...
Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
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