Fetanipa

Bitcoin summer scenario

BITFINEX:BTCUSD   Bitcoin
This current run feels like short squeeze and fomo, and I believe this bounce up will end at the highest where 50 period MA meets heavy resistance.
I believe the course of bitcoin towards summer will be somewhere along or between the orange and blue paths.
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.