Bitcoin - Short-term pullback possible but Weekly Charts UP
Some minor negative divergences on the daily charts point to some possible short-term weakness.
But the weeklies show nothing but strength. With that backdrop, its dangerous to try to be too cute and trade short against a strong uptrend.
I'll hold my longs, and possibly add in the 6,000-6,400 area if it gets there and technicals give the green light.
But the weeklies show nothing but strength. With that backdrop, its dangerous to try to be too cute and trade short against a strong uptrend.
I'll hold my longs, and possibly add in the 6,000-6,400 area if it gets there and technicals give the green light.