Bitcoin is currently consolidating at a key level. If price action starts pushing down from here we will have a another big leg down. A break to the upside will justify shorter term dip buying.
Lets not get this wrong. On the bigger time-frames bitcoin is a wait and see.
Lets not get this wrong. On the bigger time-frames bitcoin is a wait and see.
Trade active:
Momentum now shifted to the downside. A short here might prove to be profitable. Stop above the last wick.
Momentum now shifted to the downside. A short here might prove to be profitable. Stop above the last wick.