shivam19.srivastava

Long term view of Bitcoin. A major correction incoming.

BITMEX:XBTUSD.P   Bitcoin
As you can see the red arrows show the trendline where the price hit before a sustainable upwards trajectory. The BMI also in red shows the same.
Only strong hands are recommended to enter any position here (preferably short) otherwise stay out of market. Sometime no trade is also best trade.
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.