If you are thinking about buying BTC, I would wait a bit.
Bitcoin is still on a downtrend and it is not showing any sign of strength yet on the daily chart.
So if you want to invest or trade it LONG for mid to longer term, I would just wait until it at least closes above the green trend line.
From there you could target the BLUE trendline as a TP zone.
Personally SHORT BTC right now on my Trend Following 1D strategy.
Bitcoin is still on a downtrend and it is not showing any sign of strength yet on the daily chart.
So if you want to invest or trade it LONG for mid to longer term, I would just wait until it at least closes above the green trend line.
From there you could target the BLUE trendline as a TP zone.
Personally SHORT BTC right now on my Trend Following 1D strategy.
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