BTC is now very bullish after quite some time. Here is a very simple chart that shows some key levels. Golden cross has already happened, and its basically BTFD from here on.
However, we need to retest the breakout and previous resistance for this to be a longer term bull rally. If that happens, its probably a great time to enter again.
Posting this to look back to. Havent posted a chart in ages.
However, we need to retest the breakout and previous resistance for this to be a longer term bull rally. If that happens, its probably a great time to enter again.
Posting this to look back to. Havent posted a chart in ages.
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To be clear tho, I would personally be short here, and wait to buy that retest. Alternative is also shown in the chart, 10k blow off top.
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We bull.
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Levels I am looking at. Short from 8700 but took off some on the first dump so actual entry price now higher.
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Another look at the chart in a wyckoff schematic.
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Phase C now.