Bitcoin (XBT) continues trading within a range.
All the technicals are the same as before, bullish.
We've been having lower highs since 5-Dec. but also higher lows; again, consolidation.
The signals are good but the politicians are likely to crash the market 13-14 Dec. as they usually do.
Better to wait after they make their move to see how the market responds.
Any bullish signals/bias can be quickly/easily negated as soon as they release their numbers and publish their decisions, that's how it normally goes.
If the market does crash, we expect a fast recovery right afterwards.
XBT's short-term support and resistance levels are clearly mapped on the chart.
Namaste.
All the technicals are the same as before, bullish.
We've been having lower highs since 5-Dec. but also higher lows; again, consolidation.
The signals are good but the politicians are likely to crash the market 13-14 Dec. as they usually do.
Better to wait after they make their move to see how the market responds.
Any bullish signals/bias can be quickly/easily negated as soon as they release their numbers and publish their decisions, that's how it normally goes.
If the market does crash, we expect a fast recovery right afterwards.
XBT's short-term support and resistance levels are clearly mapped on the chart.
Namaste.
Trade closed: stop reached:
We hit a new high.
It actually looks pretty good.
Let see what comes up tomorrow.
It actually looks pretty good.
Let see what comes up tomorrow.
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Back within the same trading range from early December.