Capitalchief

BTC. Now what?

BYBIT:BTCUSD   None
Now we wait.
Either this uptrend was a massive bull trap or we will see continuation. I will wait for a break 48207 before looking for longs.
Target is around 55k.
If we go back into the channel we probably see 36k again. Will be careful with shorts. Market is quite bullish.

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.