Calm Before The Storm
Bitcoin.
What is it?
I don't know. Except that it is likely that it is going into a dive.
What you don't do is to be long anything that has a chance to find its monthly bottom, and bitcoin is in that region of time. Between Jan 18 to Jan 23 Bitcoin is likely to make a pivot high then dive downwards. If I was a bitcoin bull, even I would stay out of the market now. Sidelines - where Cash is really king.
What is it?
I don't know. Except that it is likely that it is going into a dive.
What you don't do is to be long anything that has a chance to find its monthly bottom, and bitcoin is in that region of time. Between Jan 18 to Jan 23 Bitcoin is likely to make a pivot high then dive downwards. If I was a bitcoin bull, even I would stay out of the market now. Sidelines - where Cash is really king.
Note
Bitcoin has entered the storm area..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.