On the daily chart, Bitcoin is trying to break out of the downtrend, but for me, there’s still no reliable signal to go long. And without that, I won’t be gambling in this casino.
It's good to see some consolidation at current level.
Interestingly, the uptrend remains intact on both the weekly and monthly charts. That adds a solid extra argument in favor of a long position—if a strong setup forms on the daily chart.
It's good to see some consolidation at current level.
Interestingly, the uptrend remains intact on both the weekly and monthly charts. That adds a solid extra argument in favor of a long position—if a strong setup forms on the daily chart.
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