BTC refuses to go down lately. I believe the bullish sentiment comes from a possible break of a long term down trendline, even sideways movement for a few more days would be bullish. Im sitting on my hands for now, but consider buying the break out.
If we dump from here i would expect to reload at the 200MA weekly.
(not trading advice)
If we dump from here i would expect to reload at the 200MA weekly.
(not trading advice)
If you didn't catch this trade, I would currently not FOMO into a long position since a retrace is becoming likely.
There is bullish momentum, maybe enough to reach 5800 but it's high risk to buy in now, I would watch price action with patience and hopefully a retest of previous resistance near 4400 before I really believe that we will start a new episode of a BTC bull market.