Bitcoin 1 Day Market Update
I really hope we created the bottom for the last time.
However, I'm not going to say the bottom is in.
Bitcoin only went up about $300 within these last few days, which isnt anything to start celebrating
Watch for:
- Reversal pattern on different time frames
- Strong support/ resistance at $3500 (I believe if we can hold $3500 for a few more days, then we will see more upward momentum)
- Declining volume (possible bear or bull with want to take the lead)
- Earlier in January was when the market started dumping (can history repeat itself)
I am still in USD or another stablecoin backed up USD
Many alts are going up, so take profits around the 15-30% profit areas
Cheers and to freedom and riches
However, I'm not going to say the bottom is in.
Bitcoin only went up about $300 within these last few days, which isnt anything to start celebrating
Watch for:
- Reversal pattern on different time frames
- Strong support/ resistance at $3500 (I believe if we can hold $3500 for a few more days, then we will see more upward momentum)
- Declining volume (possible bear or bull with want to take the lead)
- Earlier in January was when the market started dumping (can history repeat itself)
I am still in USD or another stablecoin backed up USD
Many alts are going up, so take profits around the 15-30% profit areas
Cheers and to freedom and riches
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.