- Bitcoin is currently trading at 53,442$ - Bitcoin followed my 1st path and the second path might be followed too - Bitcoin has only been making lower lows and higher lows which signifies a bearish trend - Overall Price trend is bearish we need a Market Structure shift above 62,000$ to flip the trend and get bullish again - Be cautious and avoid leverage and adding longs and short for now before you see a clear trend - Spot buying is fine but at the same time prefer to sit on hands
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.