Thoughts on #BTC
Currently #Bitcoin is not in the best trading situation.
Last Thursday we broke through the downward trend (purple) which went from 70000. On Sunday we broke through the upward trend (blue) which went from 49000. And yesterday we broke through another upward local trend (black) and stood next to it. There was not a single clear reaction from all three breakouts.
There are 2 lines, green and red, after their breakout we can say something about the further price movement.
My advice is not to get into trades yet, until the high or low is broken (red and green lines).
My advice is not to get into trades yet, until the high or low is broken (red and green lines).
Green portfolios to all)