ElroyRyon

Bitcoin still follows the idea from the previous analysis - LONG

Long
BITSTAMP:BTCUSD   Bitcoin

As said before, I think we are in an abc wave. This abc wave can take us to the 11.7-12k zone to fill the CME gaps there.

Everyone will also become very bullish when we break out of the descending triangle.
This is precisely for me a reason to be careful and to take a step back at the 12k zone because as discussed in the previous analysis:
(link: )

Stay safe, happy trading, and put you stops on the right places!

DON'T GET CAUGHT

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.