Not financial advice DYOR!
We should all know that trading weekends is dangerous, markets are sleeping and lots of FOMO come to play.
Right now, I'm waiting for BTC to confirm if it is happy with the price it went and the liquidity it's trapping, if it does that, then we will see it return to higher grounds.
Of course it can go lower, it can always do that, next targets it could visit 45ish, 43ish, 38ish.
There is no confirmation either way, though, I'm sitting on my hands and enjoying the weekend with some good food and videogames :D
We should all know that trading weekends is dangerous, markets are sleeping and lots of FOMO come to play.
Right now, I'm waiting for BTC to confirm if it is happy with the price it went and the liquidity it's trapping, if it does that, then we will see it return to higher grounds.
Of course it can go lower, it can always do that, next targets it could visit 45ish, 43ish, 38ish.
There is no confirmation either way, though, I'm sitting on my hands and enjoying the weekend with some good food and videogames :D
Comment:
So, the W was bigger and looks stronger than what I initially thought, we still need to see a retracement to that 50EMA area and continuation to the upside to confirm this is a new upward cycle