R2BTC2

Thoughts on BTC correction.

Long
BITMEX:XBTUSD.P   Bitcoin
Bitcoin found support on the Tenkan-Sen line and the 0.618 Fib support on the 4H chart.

A larger player sold 2000+ BTC on Binance and the market absorbed it quite nicely.

Longer trend is still up, Huge corrections may happen.

I stay long and strong.

Buy-in price: 10700 USD
Stop loss: 10700 USD (manual stop after daily close)
Targets: To be detirmined



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.