BitcoinLong
BTC needs a plunge before it can move to >300k
Bullish long term chart
Bearish shorter term
Look at all the big red candles before a run happens. It clears out all the leveraged longs then lets the market go up.
Allows the bears to close out their positions so the market is free to advance
We have not had a big red weekly candle on the BTC for a long time so fasten your seat belt!
Bearish shorter term
Look at all the big red candles before a run happens. It clears out all the leveraged longs then lets the market go up.
Allows the bears to close out their positions so the market is free to advance
We have not had a big red weekly candle on the BTC for a long time so fasten your seat belt!
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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.