It's good to zoom out and look at the daily for Bitcoin with a simplified chart, after all the noise and unpredictability that has come with this lengthy correction.
That long-term upward sloping trendline is offering support again since we dipped below it and the EMAs are showing nice support too.
I am learning to swing trade / trend follow and while Bitcoin was in an upward trend I was having some luck with margin trading on ByBit.
Once we hit the correction phase, finding patterns and second guessing the market got much more unpredictable so I decided to take a break and look into Alts and Stocks instead.
Still long term bullish on Bitcoin and believe that the incoming problems with monetary policy will be positive for Bitcoin too.
That long-term upward sloping trendline is offering support again since we dipped below it and the EMAs are showing nice support too.
I am learning to swing trade / trend follow and while Bitcoin was in an upward trend I was having some luck with margin trading on ByBit.
Once we hit the correction phase, finding patterns and second guessing the market got much more unpredictable so I decided to take a break and look into Alts and Stocks instead.
Still long term bullish on Bitcoin and believe that the incoming problems with monetary policy will be positive for Bitcoin too.