Bitcoin's $5k ABCD Pit Stop (BTC)
Updated
Something to be aware of here, all signs point to a healthy retrace to $5000.
Not much else to say, but it would easily fit with the targets I've got in mind for Bitcoin. I am fairly surprised we haven't seen any retracements thus far in April, and it would be nice to get one now.
This doesn't necessarily have to happen, just another scenario to keep an eye on. Obviously, if you're bullish you should be long by now anyway. This probably isn't the best entry.
Just a quick update for you.
Good luck, traders.
Previous analyses:
Not much else to say, but it would easily fit with the targets I've got in mind for Bitcoin. I am fairly surprised we haven't seen any retracements thus far in April, and it would be nice to get one now.
This doesn't necessarily have to happen, just another scenario to keep an eye on. Obviously, if you're bullish you should be long by now anyway. This probably isn't the best entry.
Just a quick update for you.
Good luck, traders.
Previous analyses:
Trade closed: target reached
Related publications
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.