BTC currently forming wedge, a break upward may mean a pause in the alt season for as long as btc is moving up unrestricted. A break down is just further resistance testing and more time for alts to pump. We should see this break by Monday, will every one be pouring there money in to BTC or the competitors!
Trade active:
Bears are viewing this as a sweet time to get a fat short in right near the 50k and use the 50k as a stop loss, gotta say it looks like the right trade for now.
Bears are viewing this as a sweet time to get a fat short in right near the 50k and use the 50k as a stop loss, gotta say it looks like the right trade for now.
Comment:
Comment:
It's a war at the 50k line!
Seems crazy to me that we are pushing up on a Sunday, I think this just speaks to the buying power happening from institutions FOMOing after TSLA. I might hit a long on BTC after we break the 50k, just sitting till then.