Bitcoin (BTC) Update - 44 days of Correction
We're in the 44th day of BTC correction as we keep moving sideways within the 10k - 12k Channel.
Trading is very choppy atm - the minute Bitcoin descends below the middle of this channel, we immediately see a price % dip in the whole market.
We're still in accumulation zone and currently opening positions on heavily discounted long term alt trades.
Short/Mid Term trades are still quite risky.
We will need to break out the current channel and cross the pink line inorder to have BTC bullish confirmation.
"Patience is Bitter .. but its Fruit is Sweet."
Trading is very choppy atm - the minute Bitcoin descends below the middle of this channel, we immediately see a price % dip in the whole market.
We're still in accumulation zone and currently opening positions on heavily discounted long term alt trades.
Short/Mid Term trades are still quite risky.
We will need to break out the current channel and cross the pink line inorder to have BTC bullish confirmation.
"Patience is Bitter .. but its Fruit is Sweet."
We might see BTC ( and the rest of the market ) take a nose-dive:
www.bloomberg.com/ne...t-subpoenaed-by-cftc