BITCOIN: Are your ready to rock?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is into a tight squeeze on the weekly time frame. It could go either way. Loads of traders are gearing up for what could be a major move. Some with crystal balls are making predictions and so on.

It could go north or it could go south. Anything can happen in the next week or two.

I'm busy watching microtrends (4h to 8h), as I certainly don't get involved in trading weekly time frames. With a very volatile instrument such as Bitcoin I think a 8h time frame is about right.

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus ]

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.