THOUGHTS ON BTC
BTC/USD 1D - I know there is a few of you Crypto guys out there that value the technical analysis I provide, so here are my thoughts on BTC and how I see price playing out over the course of the next few months.
I want to see price continue to trade us lower, taking us down and into the Demand Zone below, reaching the 39k region. Once we see price trade us that though I believe enough buyers will have removed orders on the way down.
I also think Demand will be introduced as a-lot of investors and longer term buyers will want to buy in round this area as its a good price to buy and hold from. In order for me to look to buy into this market I want to see a BOS to the upside.
As soon as I am delivered with relevant confirmation of bullishness I will be looking to buy into this market regardless of the area, whilst price is trading in a bearish way its important we refrain from buying in.
I want to see price continue to trade us lower, taking us down and into the Demand Zone below, reaching the 39k region. Once we see price trade us that though I believe enough buyers will have removed orders on the way down.
I also think Demand will be introduced as a-lot of investors and longer term buyers will want to buy in round this area as its a good price to buy and hold from. In order for me to look to buy into this market I want to see a BOS to the upside.
As soon as I am delivered with relevant confirmation of bullishness I will be looking to buy into this market regardless of the area, whilst price is trading in a bearish way its important we refrain from buying in.
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