Bitcoin has tested support twice, both times held. Recently there was another test of support and sellers were way too weak. New support formed higher, which is bullish.
I believe the selling pressure diminishes as time passes, and market is still bullish long term. Once we head higher I believe we will break ATHs.
Smart money is interested in bitcoin, think long term. I made a mistake of trying to trade this bull rally, trend following approach is best on a high timeframe.
I believe the selling pressure diminishes as time passes, and market is still bullish long term. Once we head higher I believe we will break ATHs.
Smart money is interested in bitcoin, think long term. I made a mistake of trying to trade this bull rally, trend following approach is best on a high timeframe.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.