Bitcoin's unconfirmed parabolic move to 9480

28 thg 4, 2020

Break and close above the green box (7950) might confirm a huge parabolic move. Parabolas can produce very fast and aggressive moves when they are valid. 3rd touch of the red line will disprove the parabolic move. This is not trading advice. Just an interesting observation. I wouldn't trade this, but I am cautious about shorting bitcoin with high leverage at the moment.