BitcoinLong
BTC STILL BULLISH - MONTHLY CYCLE END
Hello, this retracement is not worrying to me as we are approaching the monthly cycle end which is usually against the main trend.
Since last month was undoubtedly bullish, a retrace is perfectly normal.
This weekly candle is not nice from the visual point of view but the trend is absolutely still bullish.
True that we are below the previous ATH but if the weekly closes above 60k, it is still above the previous ATH weekly closes. All is good. No ALTS yet as far as I am concerned.
Since last month was undoubtedly bullish, a retrace is perfectly normal.
This weekly candle is not nice from the visual point of view but the trend is absolutely still bullish.
True that we are below the previous ATH but if the weekly closes above 60k, it is still above the previous ATH weekly closes. All is good. No ALTS yet as far as I am concerned.
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Are you a good trader but you lack the capital?
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.