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ScottMelker
Apr 12, 2024 10:41 AM

BTC Will Get Volatile 

Bitcoin / TetherUSBinance

Description

Trading Alpha is giving mixed signals on the daily chart at the moment, so I am watching and waiting. We have quite a few “Ts” which indicate potential tops, but the dots are still green and we do have squeeze shading - which indicates a bigger move is coming, but does not tell us the direction. The weekly chart still looks very bullish, but I am just sitting on the sidelines observing as a trader.
Comments
steveier
Looks like its following SPY exactly?
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