Still Waiting
Everyone seems so very bullish on 
BTC right now and with good reason; huge amount of leveraged shorters selling BTC into a large cash buyer - only one of those sides can stand a shakeout and if the shorters have to cover it'll get ugly for them
Buuuut.
When you zoom out, we're still ranging around under the downtrend, I'm waiting for a pop above this line, something around $7500, if we do that then there is likely a decent run up to the last local high around $8500.
if 7500 goes I expect a decent rush for shorts to cover will push price up temporarily, if that move is convincing it'll bring in some more buyers, I'll be waiting for a retrace back around the 7300-7500 level
BTC right now and with good reason; huge amount of leveraged shorters selling BTC into a large cash buyer - only one of those sides can stand a shakeout and if the shorters have to cover it'll get ugly for themBuuuut.
When you zoom out, we're still ranging around under the downtrend, I'm waiting for a pop above this line, something around $7500, if we do that then there is likely a decent run up to the last local high around $8500.
if 7500 goes I expect a decent rush for shorts to cover will push price up temporarily, if that move is convincing it'll bring in some more buyers, I'll be waiting for a retrace back around the 7300-7500 level
Thông báo miễn trừ trách nhiệm
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.