Will bitcoins bullish trend continue?
Well Ladies and gentlemans to awnser your question we are indeed in a bearish leg but whats the discussion? Well in my chart currently we are in a bearish leg but internally our structure remains bullish. What does that mean? Well the thing here is we had an set of equal lows and equal highs, which then equal lows were ran for liquidity but are the highs ran? No
The sentiment lately in servers or the communities is bitcoins is going to die but thats not really the case here or i am taking this from an intraday mind set we would probably take out the set of equal highs since we took the equal lows , after taking out the highs i expect us to go to around 31.2k-31.9k before a major drop until before that happens we are not going below 25 or 26k whatever the sentiment that's been going around. I would stack up on some spot if i was you and focus more on longing in the next following week or two.
The sentiment lately in servers or the communities is bitcoins is going to die but thats not really the case here or i am taking this from an intraday mind set we would probably take out the set of equal highs since we took the equal lows , after taking out the highs i expect us to go to around 31.2k-31.9k before a major drop until before that happens we are not going below 25 or 26k whatever the sentiment that's been going around. I would stack up on some spot if i was you and focus more on longing in the next following week or two.