Welcome back guys,
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Fundamentals are at ATH on Bitcoin,
The technicals I see is we are on a CLEAR uptrend, if you're shorting or waiting I consider taking a look at these technicals first:
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1st: Trendline broken and retested yesteday making a bullish hammer on the daily timefrime, which seems to be printing another one today adding more rejection to the downside.
2nd:Previous structere (green rectangle) respected as support and confluences with the 38.2% retracement from the bullish move up in 2020.
3rd: We're still above the trendline
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So, if you're going to hold your USD or short BTC I would be very careful because there is no exit room for USD and this fraudulent monetary system, I'm not a moon boy but this is clearly a uptrend! Digital gold.
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See you on the next one!
-
Fundamentals are at ATH on Bitcoin,
The technicals I see is we are on a CLEAR uptrend, if you're shorting or waiting I consider taking a look at these technicals first:
-
1st: Trendline broken and retested yesteday making a bullish hammer on the daily timefrime, which seems to be printing another one today adding more rejection to the downside.
2nd:Previous structere (green rectangle) respected as support and confluences with the 38.2% retracement from the bullish move up in 2020.
3rd: We're still above the trendline
-
So, if you're going to hold your USD or short BTC I would be very careful because there is no exit room for USD and this fraudulent monetary system, I'm not a moon boy but this is clearly a uptrend! Digital gold.
-
See you on the next one!