I would see this as a short term short opportunity as BTC prices as of now does not look favorable for a continuation of a upward trend. BTC prices would fall and would likely test the 8400 support and return back to its upward trend as BTC prices are now below prices forecast by the BTC stock to flow ratio
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.
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.