BTC: What now?

6 thg 2, 2022

Over the past week or so we have seen a significant rally on the weekly of bitcoin, however, the overall trend is still bearish. Whilst we have the potential to go to the higher 40s, there is significant selling pressure which indicates a dump to atleast 28/9k. The CCI is still weak for bitcoin as well so short term we are bullish mid tern we are bearish, making it risky to enter at these prices

As always, DYOR and kindly sue yourself I am not a financial advisor

Thanks for reading!