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BTC - Q3 ended green
Greetings Treaders!
Q3 just ended with a surprising green September. Overall positive quarter, with the August sell off completely recovered.
3 month chart is what I use for a long term picture.
This chart tells me that BTC broke to new all time high last March and had a pullback to retest the important levels below and take some liquidity. Massive support was the previous cycle closing top candles at around 58.7k
This chart tells me that besides the daily ups and downs, BTC is ready for next leg up in this Q4 that has just started.
Q4 are typically bullish. I personally see next dips as buying opportunities.
My personal invalidation for the bull case would be a break below the rising bull market trendline.
Good luck everyone!
https://www.tradingview.com/x/ECZIQhow/
Q3 just ended with a surprising green September. Overall positive quarter, with the August sell off completely recovered.
3 month chart is what I use for a long term picture.
This chart tells me that BTC broke to new all time high last March and had a pullback to retest the important levels below and take some liquidity. Massive support was the previous cycle closing top candles at around 58.7k
This chart tells me that besides the daily ups and downs, BTC is ready for next leg up in this Q4 that has just started.
Q4 are typically bullish. I personally see next dips as buying opportunities.
My personal invalidation for the bull case would be a break below the rising bull market trendline.
Good luck everyone!
https://www.tradingview.com/x/ECZIQhow/
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