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$BTC, correction or continuation of the short-term uptrend?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC currently hovering around $5800 and $5600. Going long? I would rather wait until it consilidates the level at $5600 and then we might have possibilities to go long with a stop-loss below the last pivot at around $5500.

ATTENTION! Yes, we are having several bullish signs. However, BTC is still in a bearish downward trend. Until it doesn´t clearly reverse, we shouldn´t focus too much on long positions.

COINBASE:BTCUSD

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