eduardperez

Bitcoin Short-term accumulation process after strong bounce

BITSTAMP:BTCUSD   Bitcoin
Bitcoin is now in a short-term accumulation process after Friday's strong bounce. Before resuming the uptrend, ir needs to equilibrate forces. In red I've marked a probably buying zone (reversal zone). As a traders, we should wait until the price show its intentions, not trying to adivinate. That's why, for now, my position is neutral.
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