Bitcoin - Still into the the trend channel
Hello trading friends,
What a day, Bitcoin did breakdown on low time frame - but is this a confirmed breakdown trend? - Depending on long term and cycle BTC are still into green trend.
The changes has made also by stock markets - as BTC moves also with the Dow jones - BTC could in the future not follow much of this trends - but at this moments its so.
Its very hard to predict the right BTC price - but depending on data we can make a counting trend where the most chance are . there is noting 100% into trading market, there could be always unexpected trends.
At this moment depending on TA BTC are still positive for the long term target - Also the cycle trend of BTC did start depending before updates.
Are we going to get the real whale breakout, and that BTC will come out of this red zone - The time frame will give us confirmation - its always good to wait, and to enter when markets are into accumulations, and not into panic trends or volume increase trends. The markets of today, could be tomorrow difference, and that's crypto.
For now have good time, we will see what the next 24H will bring to BTC trend.
This is not a trading call - trade only depending your setups.
What a day, Bitcoin did breakdown on low time frame - but is this a confirmed breakdown trend? - Depending on long term and cycle BTC are still into green trend.
The changes has made also by stock markets - as BTC moves also with the Dow jones - BTC could in the future not follow much of this trends - but at this moments its so.
Its very hard to predict the right BTC price - but depending on data we can make a counting trend where the most chance are . there is noting 100% into trading market, there could be always unexpected trends.
At this moment depending on TA BTC are still positive for the long term target - Also the cycle trend of BTC did start depending before updates.
Are we going to get the real whale breakout, and that BTC will come out of this red zone - The time frame will give us confirmation - its always good to wait, and to enter when markets are into accumulations, and not into panic trends or volume increase trends. The markets of today, could be tomorrow difference, and that's crypto.
For now have good time, we will see what the next 24H will bring to BTC trend.
This is not a trading call - trade only depending your setups.
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Also omisego on interesting trends
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