The current daily candlestick looks quite ugly but judging by today's worldwide focus on Bitcoin we may still avoid a correction. Many exchanges were down because of massive buying mania. But once the buyers lost the momentum the market created a good opportunity to short.
Nasdaq announced it wants to introduce futures too and the future of btc still looks bright. Keep an eye on the trendline.
Nasdaq announced it wants to introduce futures too and the future of btc still looks bright. Keep an eye on the trendline.
Comment:
Keep in mind that the MACD is unfavorable and RSI is oversold so this is not really a good place to open a position - just a suggestion that hodlers can sleep without worries.