Traders are currently taking profits and looking to enter in longs in the 7-8k range. The EMA cross at .5 retracement is the perfect storm. Consensus wrapped up over the weekend and bitcoin has seen explosive growth.
I'm personally staying neutral until the dust settles. Too early to take profits in alts. Bitcoin price might sink a little then return to a bull market. That being said, if bears are taking profit, then we can expect a sizable pullback. A few amateurs around me have been telling me they're buying crypto over stocks. My brain just says I should sell, however HODL has been better than any profit taking as of late since my buys back in December.
My delta app has consistently had 30+ notifications every morning. I love it, it reminds me of 2017 again!
Thanks for reading, good luck traders.
I'm personally staying neutral until the dust settles. Too early to take profits in alts. Bitcoin price might sink a little then return to a bull market. That being said, if bears are taking profit, then we can expect a sizable pullback. A few amateurs around me have been telling me they're buying crypto over stocks. My brain just says I should sell, however HODL has been better than any profit taking as of late since my buys back in December.
My delta app has consistently had 30+ notifications every morning. I love it, it reminds me of 2017 again!
Thanks for reading, good luck traders.
Trade closed: stop reached