JohnnyBGalt

Bitcoin: Bullish outlook for the winter

BITMEX:XBT   Bitcoin
(This TA has a bullish bias. Please consider the risk before making investments. This is not financial advice.)

Over the past few days, the Bitcoin bulls have returned to the market pushing the price above the all-important .618 linear retrace relative to the 2019 bull market. ($7250 est) This recent move has caused me to change my sentiment from tentatively bearish to tentatively bullish. Although much remains to be seen, based solely on TA, there's a strong argument for the bulls.

This TA was done using my own techniques. It's hard to explain everything. I suggest checking out my youtube. CommonManCrypto. It's the Coin Icon.

My TA is the best you'll find. I have a system. :-)
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.