Gunslinger2005

Bitcoin. Crystal Ball prediction

Long
COINBASE:BTCUSD   Bitcoin
If we make no new lows in the deep 9k region by the monthly close. We will get a new central pivot point at 10.7k area. I am not sure if you are aware. but nearly ALL untested monthly (weekly and daily) pivots get tested. So I would look to short there if we stay in the current range. I would not be surprised to see it trap more gap shorter first and then pump up and clean the shorts out before a larger drop. (can view yourself to see that those monthly pivots just about always get hit.

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.