Hello Traders and Investors,
I decided to make this immediate update on the Bitcoin price. We are clearly headed lower based on my previous post. This post is more accurate as price have formed, giving us a clearer image of what is to come. If we cannot hold above 35k by end of this weekly candle. The following weeks will be brutal for Bitcoin unless massive buy volume comes in with a engulfing green candle.
Let me know what you think.
I decided to make this immediate update on the Bitcoin price. We are clearly headed lower based on my previous post. This post is more accurate as price have formed, giving us a clearer image of what is to come. If we cannot hold above 35k by end of this weekly candle. The following weeks will be brutal for Bitcoin unless massive buy volume comes in with a engulfing green candle.
Let me know what you think.
Trade active:
Currently shorting BTC at $34,000 after the weekly closed at a new low after 2 months. This is not a big short, because there is a potential for massive buy volume to come in. However, expecting BTC to be at $20,000 some time in the future.