BTCUSD: Does that look like a top? When you in doubt, zoom out!

Hello my friends!

Whether you are an experienced or a new trader, just look at this chart with distance and ask yourself if a long-term top looks like this. And compare that to other assets and tops.

I say that it is definitely not a halving top. It is a consolidation plateau. Not more. So stay relaxed and look forward to the rest of the rally.

Currently we have touched EMA20. Well done. Maybe we will see 43K. Would be good. Then you can buy cheap.


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Let's see what happens.
Happy trading. :-)


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My Post Apr 18, 2021

My Post Nov 19, 2020

My Post Apr 15, 2019 (2 year ago!)

Comment:

chart update: pullback, retest and up.