Hello Traders,
As the recent developments in bitcoin have been pretty unclear, we wanted to change our current short term bias AGAIN.
WE did this new post again on bitcoin because of some significant changes in our intermarket trading system in the latest trading hours.
We recognized something significant to say, that we need to adjust our view. We are NOW calling Bitcoin correction completed as long as it stays above $2965.76. Which means that the market should ideally rally from here.
The key invalidation level is the low at $2965.76. As long as this low is in place we will call the correction completed and it should move higher again. Therefore, we revise our last post on bitcoin where we said" Bitcoin correction not over yet" we are adjusting the view now.
Hope that helps,
cheers
As the recent developments in bitcoin have been pretty unclear, we wanted to change our current short term bias AGAIN.
WE did this new post again on bitcoin because of some significant changes in our intermarket trading system in the latest trading hours.
We recognized something significant to say, that we need to adjust our view. We are NOW calling Bitcoin correction completed as long as it stays above $2965.76. Which means that the market should ideally rally from here.
The key invalidation level is the low at $2965.76. As long as this low is in place we will call the correction completed and it should move higher again. Therefore, we revise our last post on bitcoin where we said" Bitcoin correction not over yet" we are adjusting the view now.
Hope that helps,
cheers
Comment:
Good Morning, Bitcoin is going as expected. Key level is $2965.76. It should stay above this level!
Comment:
No changes at the moment
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Update
