Where I draw the line for #BTC
My #BTC view:
If daily kijun is touched I'll be 99% convinced the bubble has topped for now.
I will be buying around there but I will not expect a new yearly high.
Otherwise, higher low should form above daily kijun, the uptrend will continue and new yearly high will be made.
That's why I think it's a very nice spot to take some profit at high 21.xk if already short from higher.
If daily kijun is touched I'll be 99% convinced the bubble has topped for now.
I will be buying around there but I will not expect a new yearly high.
Otherwise, higher low should form above daily kijun, the uptrend will continue and new yearly high will be made.
That's why I think it's a very nice spot to take some profit at high 21.xk if already short from higher.
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