Bitcoin, Buy or not???
Hello my friends. If you think that the correction is over and now we should buy for mid-term (2-3 weeks) I don't think so. You may get signals and buy opportunities of bitcoin. But personally I think BTCUSDT can go lower than this. In short term it may experience some fluctuations. It may go higher (to 8.5-10K) and then go lower. If you are a short-term trader, so buy now and sell for 8.5-10K.
But if you look at weekly chart, you will be noticed that RSI is still in a downtrend channel. Price retraced at 61.8 fib level and break it down. so it will go to the blue box and then you can set your buy order and watch for an attractive race.
As always: trade on your own risk. I wish you the best. Good luck.
But if you look at weekly chart, you will be noticed that RSI is still in a downtrend channel. Price retraced at 61.8 fib level and break it down. so it will go to the blue box and then you can set your buy order and watch for an attractive race.
As always: trade on your own risk. I wish you the best. Good luck.
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