D7R

Bitcoin (BTC) • Underexposed while this is going on

COINBASE:BTCUSD   Bitcoin
Good morning Ladies and Gents.

As been discussed in latest videos trading under the April Quarterly Open 29.4 we are back into short term bearish structure increasing odds of correction towards the 25k

Now the books and futures can offer nuanced view of what is currently going on. But in general as of date of this video they currently looking more bearish than bullish in my views (not financial advise bla bla).

Watch the full videos where I walk-trough the technical levels and other data points I am paying attention to or see changed with time.


While we are trading under the Monthly DOJI I consider it not be good to be 100% long exposed as the 25k is acting as magnet but there more nuance to that.... check the video for more well rounded view.


D7R
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.