TipTopTraders

Bitcoin Retrace to Either Daily or Weekly Pivot Points

Short
BITMEX:XBTUSD.P   Bitcoin
Short idea.

I see us having a small retrace to the new daily pivot of 11750 before continuing higher, or a retrace to the weekly pivot point at 10300 before continuing higher.

Monthly Pivot rests at 7800, but I don't see us going there with the current momentum and volatility we are seeing - but you never know
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.