BINANCE:BTCUSDT   Bitcoin / TetherUS
Ok, time to really zoom out. The Money Flow Index (MFI) on the daily has been reset, same as with the Chaikin Money Flow. Last time we had such a reset, we continued with the second leg of this overextended bull run.

I will remain out of leveraged positions, until we have a clear bottom pattern. Trading on LTF is really tricky atm.

Potential mid term targets are $80-85k.



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.