BTC is approaching a significant supply zone. On 1 h chart the market is trading within a rising wedge pattern. Your plan is: Let the market reach a supply zone Then wait and sell bearish breakout of a rising wedge
Sell side is taking over on smaller time frames but the longer time frames are not threatened.
We will see a steeper correction now. My only worry is that BTC will follow the conventional market and go back into full bearish trend once that dumps within the next week as well.
Silver and Gold are steadily gaining which is what makes me think market all around in USA is getting shaky and leading crypto investors at institutional levels to get more conservative.
We will see a steeper correction now. My only worry is that BTC will follow the conventional market and go back into full bearish trend once that dumps within the next week as well.
Silver and Gold are steadily gaining which is what makes me think market all around in USA is getting shaky and leading crypto investors at institutional levels to get more conservative.