BitcoinLong
Bitcoin situation
We haven't talked about the quintessential cryptocurrency, Bitcoin, for a few weeks. It has been moving sideways, and I've maintained the recommendation to stay neutral.
The good news is that the support hasn't broken, and it has provided good buying opportunities.
Now, we can expect another drop to the area marked as an ideal buy, or in case of a bullish breakout, we can buy to join the next bullish rally. Losing 86k$ is a major problem according to the current chart situation.
The good news is that the support hasn't broken, and it has provided good buying opportunities.
Now, we can expect another drop to the area marked as an ideal buy, or in case of a bullish breakout, we can buy to join the next bullish rally. Losing 86k$ is a major problem according to the current chart situation.
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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.