Everybody and their mama are calling for HnS. When this can be true and correct, there are some MAs crossed, that suggest a possible further movement upward.
It looks very similar to 2014 pattern. There is one major difference: purple MA crossed up the blue one (200) when it did not happen in 2014. Which makes me think, we have one more push to 10k region. (Blue line is very speculative), from where we correct, possibly to double bottom or lower.
MacD is something to watch for, once it crosses, the possibility of near correction becomes greater.
Stay safe :)
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Second option would be going sideways and down from about this current level (8.3)
yes, I have been trading a bit, I'm trying to get better at swing trading, that's why I'm here
but no, as I'm waiting for the correction to put in the big bucks
I bought my first BTC at $100 and sold it at $1000 ... the long term thing is working great for me, but I'd like to get better at short term trading, as the long term thing doesn't give any return for so long ... I don't want to put in a lot of money and then just wait 2-3 years without getting anything back all those years
if I put my money into a rental property; I get a steady monthly return, not as much as I could make in the long term from bitcoin, but ... slow and steady wins the race, you know ...