I haven't been seeing much thought over this recent BTC movement has resulted in a downswing.
The BTC bullish movement over the past few months from $30k up to $50k was a complete upswing on the daily chart. Even after the 20% correction a couple days ago, BTC remained in an upswing.
Only after another daily candle from that 20% bar was a downswing confirmed, and it has maintained it's downswing since.
Just something to note.
DISCLAIMER: This is not trading advice. Always do your own analysis before entering into any trading positions.
Happy Trading,
Oz
The BTC bullish movement over the past few months from $30k up to $50k was a complete upswing on the daily chart. Even after the 20% correction a couple days ago, BTC remained in an upswing.
Only after another daily candle from that 20% bar was a downswing confirmed, and it has maintained it's downswing since.
Just something to note.
DISCLAIMER: This is not trading advice. Always do your own analysis before entering into any trading positions.
Happy Trading,
Oz