BTC's bounce, where can it go?
已更新
Not financial advice, DYOR
We have seen BTC (and some alts as well), dump for a week, but as I said like 10 days ago, that is how markets work, pumps and dumps.
BTC is a little bit overextended now hovering over the Hi-average daily range, so we could be in for a retracement, test of the 50 EMA and then if it holds and goes back up, we will have a continuation to the upside,
It can also dip again as nothing is granted in this game. have a good day!
We have seen BTC (and some alts as well), dump for a week, but as I said like 10 days ago, that is how markets work, pumps and dumps.
BTC is a little bit overextended now hovering over the Hi-average daily range, so we could be in for a retracement, test of the 50 EMA and then if it holds and goes back up, we will have a continuation to the upside,
It can also dip again as nothing is granted in this game. have a good day!
評論
It has been an interesting beginning of the week for BTC, we are still waiting for a complete retracement and consolidation to the 50EMA in the 1 hr, so we can project the next move to the upside. It's looking to have a strong finish this month
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