HuobiGlobal

Bitcoin falls asleep but waking up soon?

HTX:BTCUSDT   Bitcoin / Tether USD
Looks like Bitcoin took a nap all the way to 11,600 or so but rose to 11,800+
RSI looking stretched at 56 -60 but many people were calling a double top on BTC so not for sure if the resistance will stand up from another push to 12k.
On the 4hr we see green - is this a sign of a trend turning?
Let's keep a close eye on this one


Whats your call? Long / Short? Sitting it out?

Either way you can join Huobi ------> link in our profile!

-------------------

Risk Reminder:
1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions.
2. Huobi Global's announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.

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.