The last couple of hours on lower time frame charts the trend has changed. People seem to be selling less. This doesn't mean a bottom has been established. Only that bitcoin price seems to be recovering with the total crypto market. The climb to 50k might not be smooth at all.
Way-forward:
1). Might be a good time to cycle in some bitcoin back to the portfolio.
2). The next two weeks should be very interesting. If bitcoin holds this bullish momentum. I will be cycling in to some alt coins.
3).A break of price @ 39k will trigger a short in bitcoin with a target of 29k
Way-forward:
1). Might be a good time to cycle in some bitcoin back to the portfolio.
2). The next two weeks should be very interesting. If bitcoin holds this bullish momentum. I will be cycling in to some alt coins.
3).A break of price @ 39k will trigger a short in bitcoin with a target of 29k