After a long 4 years, we finally have received another Red-9 on the weekly candles. Following TD.Sequential standards it was easily identifiable that a strong move up was approaching. I expect at least a Green1-4 candle rally on the weekly charts, which would be justified by the news/hype surrounding the SEC's Bitcoin ETF approvals which I believe will be concluded around August 10th or 11th. Keep in mind, ETFs are fairly complex and may require 1-2+ years to start rolling out officially. I do not expect this to be the bottom of Bitcoin , but merely a buy the rumor sell the news event. Optional Short could potentially be opened on the morning of the ETF announcement, on the eve of the night before, or a few days after once price correction/ selling of the news has been technically confirmed. My short position-TBD.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.