BTC on a rampage
BTC on the daily is bullish, passed a major resistance line with little to stop it at this point. Weekly is turning bullish. Monthly is turning bullish.
NVT is at all time highs. Historically this results in a major pullback.
3 scenarios:
1. We go to 13,500 in the coming weeks and pullback
2. We stall in a couple weeks and flatline for a month or two
3. We pullback down to 7k
NVT is at all time highs. Historically this results in a major pullback.
3 scenarios:
1. We go to 13,500 in the coming weeks and pullback
2. We stall in a couple weeks and flatline for a month or two
3. We pullback down to 7k
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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.