We are still in correction. Dont expect a decision until early April.
On the current level, there are multiple support lines.
Given the low volume and the absence of buyers, we could easily see 3-4k levels.
If you are not a highly skilled trader ( Like most users of this website including this author) , be careful about your short-term exposure to the...
Bitcoin never dies. Amazing pull back over long-term downtrend.
The bull poles are becoming shorter with each sequence.
An a non-finanacial advisor, I do see an opportunity to get a quick short one soon.
WATCH OUT FOR
1) Right mix of price action/RSI/MACD
2) a hammer candle or another bearish/reversal sign before entering the trade.
I spent half a day tracking order books and sentiment in the market. Whilst I do enjoy the bull ride as it benefits all my crypto core investments, we are seing againmore of the same old, same old... Pump & Dump.
Too many bots placing changing buy orders at critical injunctions. Just enough to push the price over the psychological edge. Like adding just enough...
This might not be a reason to worry as the price action is still strong.
But beware. Watch your positions closely now.
BTC does what it wants.
The big boys came out of nowhere and shared that that is a good idea to sell partly and keep milking your positions as long as possible.
They wont be here to tell ya when to get out if your timeframe is very...
Today's bitcoin train departed from station "Greed" and now it is leaving the station "delusion" . Next stops will be: Fear, Capitulation and Despair.
This months train might take a quick stop at 9100, 8500, 7500 and maybe even 7k. But who cares. We are not riding a rocket to the moon, but we are taking a train and enjoying the scenery.
On your left, you will...
BTC is still finding its paths along (no so wild) daily swings. Nice trading and accumulation opportunites
Avoid tops. ZOOM OUT. ZOOM the heck out...
BE POSITIVE in your life. BE CRITICAL here. Check everything. Trust nothing.
This is not an advice. Make your research 1st! Build an own opinion 1st.
Most people who publish nonsense here have their own agenda....
Move in the triangle till end of January. Good for swing trades. Prepare for decision time at the end of the month.
1st chart on tradingview. What do you think? Constructive feedback highly appreciated.