BITCOIN
Who was bearish and was waiting for 7500$/"Bitcoin", now they are bullish and wont believe in 5000$/"Bitcoin"
But let's see how this monthly bar will close and how a new bar will move. If it will open above the pattern, will continue bullish or will come back down.
Yes, it could continue up to all time high, but I think this "bull trap" is to make those who was waiting for 7500$, to come on board now and sell with fear lower.
I think, there is still a probability to see "Bitcoin" at 7500$ or even 5000$ before continue up to all time high.
GOLD
Now monthly bar at all time high.
Could "Gold" break all time high now or will be a 20% pullback? Let's see
Nobody knows. Could be anything.
But I will wait, will not take any trade with "Bitcoin" and "Gold".
Who was bearish and was waiting for 7500$/"Bitcoin", now they are bullish and wont believe in 5000$/"Bitcoin"
But let's see how this monthly bar will close and how a new bar will move. If it will open above the pattern, will continue bullish or will come back down.
Yes, it could continue up to all time high, but I think this "bull trap" is to make those who was waiting for 7500$, to come on board now and sell with fear lower.
I think, there is still a probability to see "Bitcoin" at 7500$ or even 5000$ before continue up to all time high.
GOLD
Now monthly bar at all time high.
Could "Gold" break all time high now or will be a 20% pullback? Let's see
Nobody knows. Could be anything.
But I will wait, will not take any trade with "Bitcoin" and "Gold".
