Bitcoin is marching in place for now in what is either a larger wave 4 blue unfolding or the beginning of a wave 3 of original 5 red to make new highs. Price action is choppy for now and we need to wait for the market to reveal its hand before being aggressive in any way . Price still contained in a channel but a more neutral stance is warranted for now.
Note
New youtube video has been posted for bitcoin technical analysis , under cryptocowboy channel name.
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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.