Hello TradingView members .
Chaos and uncertainty are commonplace in crypto.
As much as we desire to anticipate and know everything ahead that can go wrong, we can’t.
What may seem like a good idea when we execute a trade may seem like a bad idea in hindsight.
But the wise trader doesn’t get overly upset when this happens.
Bitcoin recent correction to 17.6k can be the bottom for Summer.
The chances increase if 23.9k is turned into support over the next 20-30 days.
In that case Bitcoin will enter back in the previous range and it will target 29.4k for August.
Invalidation of the idea will happen if we break lower and close below the low.
Let me know if you guys have any questions.
Good luck and thank you.
Chaos and uncertainty are commonplace in crypto.
As much as we desire to anticipate and know everything ahead that can go wrong, we can’t.
What may seem like a good idea when we execute a trade may seem like a bad idea in hindsight.
But the wise trader doesn’t get overly upset when this happens.
Bitcoin recent correction to 17.6k can be the bottom for Summer.
The chances increase if 23.9k is turned into support over the next 20-30 days.
In that case Bitcoin will enter back in the previous range and it will target 29.4k for August.
Invalidation of the idea will happen if we break lower and close below the low.
Let me know if you guys have any questions.
Good luck and thank you.
King
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