At the moment for buyers who wish to long this trade, is suggested to wait for 2weeks.
Those looking for shorts may attempt to take trades but my advice is there maybe opportunity for shorts but are not recommended.
I have no interest in Bitcoin but there will be people out there looking to trade anxiously to get in or worrying that may move lower.

In the nutshell, the longs are stronger than the selling at the moment. It is ideally, for longs to wait and get out when near high.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.