eduardperez

eduardperez

This scenario will change if: - There's a weekly close below the 8.400 $ level. - There's a weekly close above the 10.500 $ level. Watch your stops! Halving effects are not instantaneous!

eduardperez

Bitcoin selling pressure to accomplish the accumulation process. Depending on the next moves, we could see a bounce. >> Be patient and keep your wealth alive <<

eduardperez

Bitcoin is now in a short-term accumulation process after Friday's strong bounce. Before resuming the uptrend, ir needs to equilibrate forces. In red I've marked a probably buying zone (reversal zone). As a traders, we should wait until the price show its intentions, not trying to adivinate. That's why, for now, my position is neutral.