BITCOIN - HIGHEST RISK TRADE OF THE WEEK - CryptoManiac101
BTC / USD TA
This time around trading Bitcoin or Ethereum becomes very risky since we did not reach demand or liquidity zone in prior days which we should have. Instead we see further upward accumulation which can only signal for massive move to come. Which way will that take us? Market sentiment currently is mixed bullish with bearish. Pattern itself was 90% bearish until March 4 which is when we were supposed to break down and touch needed levels before resuming upward trend. Since we did not do that, that means that all people who are LONG on Bitcoin right now, are in danger of experiencing flash dump which is very common at this phase of the market we're currently in.
This time around trading Bitcoin or Ethereum becomes very risky since we did not reach demand or liquidity zone in prior days which we should have. Instead we see further upward accumulation which can only signal for massive move to come. Which way will that take us? Market sentiment currently is mixed bullish with bearish. Pattern itself was 90% bearish until March 4 which is when we were supposed to break down and touch needed levels before resuming upward trend. Since we did not do that, that means that all people who are LONG on Bitcoin right now, are in danger of experiencing flash dump which is very common at this phase of the market we're currently in.
Kommentar:
Which way are you betting on this thing will go?
