Bitcoin still bullish.
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Historically Bitcoin goes into correction after passing the EMA 20 and touching upper resistance levels. I see this trend continuing. This is Bitcoin on logarithmic scale and ass you can see it hasn't done either of those two things yet. I think $7000 in the next couple of days then we can start looking to re-enter at a lower level. Maybe convert to $ or take profits but i wouldn't ever recommend shorting.
Good luck and happy trading.
Historically Bitcoin goes into correction after passing the EMA 20 and touching upper resistance levels. I see this trend continuing. This is Bitcoin on logarithmic scale and ass you can see it hasn't done either of those two things yet. I think $7000 in the next couple of days then we can start looking to re-enter at a lower level. Maybe convert to $ or take profits but i wouldn't ever recommend shorting.
Good luck and happy trading.
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