If you're looking for a bullish bias for Bitcoin then
take a look at the Daily chart. After that massive impulse move to $10.5k price has been slowly grinding it's way lower and lower to where price is chilling out now at $8.8k. If you're looking for a time to buy the pullback of that impulse move now may be you're time. There is a pretty obvious falling wedge that is coming to an apex and price is right around that sweetspot 61.8 region.
Buy zone - $8300-8700
Let me know what you think!
take a look at the Daily chart. After that massive impulse move to $10.5k price has been slowly grinding it's way lower and lower to where price is chilling out now at $8.8k. If you're looking for a time to buy the pullback of that impulse move now may be you're time. There is a pretty obvious falling wedge that is coming to an apex and price is right around that sweetspot 61.8 region.
Buy zone - $8300-8700
Let me know what you think!
Trade active:
Trend lines are still holding up nicely, major move incoming.