BINANCE:BTCBUSD
BTCUSD
Bitcoin is trying to keep going up, powered by this bullish sentiment, but is in a very important resistance between $44K and $46K where the gigantic head and shoulders may scare some technical investors.
Despite this, the news are as bullish as they can be, like:
Bitcoin found itself breaking the downside trendline a few days ago and it found great support over the big liquidity area of $34K and $37K. Plus, it might be finishing a 4 hour inverse head and shoulder taking it to the $48K range.
So, still very bullish long term, but with sideline mindset for the rest of this first quarter.
Trade with the head and keep doing it, no matter what.
BTCUSD
Bitcoin is trying to keep going up, powered by this bullish sentiment, but is in a very important resistance between $44K and $46K where the gigantic head and shoulders may scare some technical investors.
Despite this, the news are as bullish as they can be, like:
- Bitfinex Hackers Arrested,
- Russia To Legalize Crypto,
- Binance Invests In Forbes,
- Sequoia Invests In Polygon, And More
Bitcoin found itself breaking the downside trendline a few days ago and it found great support over the big liquidity area of $34K and $37K. Plus, it might be finishing a 4 hour inverse head and shoulder taking it to the $48K range.
So, still very bullish long term, but with sideline mindset for the rest of this first quarter.
Trade with the head and keep doing it, no matter what.