Wait till BTC reached the (confirmed) bottom before going in. Everything can happen but I just want to share two possible scenarios. What do you think of this idea? I think Scenario 2 is very unlikely to happen but the chance Scenario 1 will play out is bigger than many people think.
Happy Careful trading everyone.
Happy Careful trading everyone.
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Well that was an unexpected pump. I guess Amazon news had some influence. BTC broke the 50 MA very easily but let's see if BTC can break 200 day SMA and keep it as support.
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Almost forgot the 100 D sma as strong resistance. But I see the 200 D sma as the most important support to confirm a bull market.