Once again Bitcoin is in a sideways fuckery mode. I mean, consolidation/sideways/scalping range, etc.
We are currently in a swing high, but i anticipate this to just be a precursor to the next move. This channel has been pivotal in the past, and we're likely to continue the trend.
We are unlikely to move past the long term downtrend without a significant reversal. I will leave this neutral, as most predictions should be imo.
Break above 230 is not enough, we need acceleration past 250.
Break below 215 is not enough, 210 has to go followed by 205.
Mix in with sideways if you're certain your proper directional bias. Otherwise, wait for price rejection/validation.
Good luck.
We are currently in a swing high, but i anticipate this to just be a precursor to the next move. This channel has been pivotal in the past, and we're likely to continue the trend.
We are unlikely to move past the long term downtrend without a significant reversal. I will leave this neutral, as most predictions should be imo.
Break above 230 is not enough, we need acceleration past 250.
Break below 215 is not enough, 210 has to go followed by 205.
Mix in with sideways if you're certain your proper directional bias. Otherwise, wait for price rejection/validation.
Good luck.