BTC Enters No Trade Zone
So BTC has entered a no trade zone, and as traders we'll have to wait for the whales to decide the direction.
We've put in a double bottom, which is bullish, but a sequence of lower highs that are bearish and we're currently in the middle of the range.
If we can hold this area for a day or two more, then a significant push up to test 50k area is on the cards.
If we retest the bottom again, then it'll probably break and we go down to 25-26k area.
We've put in a double bottom, which is bullish, but a sequence of lower highs that are bearish and we're currently in the middle of the range.
If we can hold this area for a day or two more, then a significant push up to test 50k area is on the cards.
If we retest the bottom again, then it'll probably break and we go down to 25-26k area.
Comment:
Decision maybe in