BitcoinLong
BTC USD Idea
We saw a great reaction on Monday from the discount range, but encountered difficulties in achieving a rapid new higher high. We believe this could be part of a market maker’s scheme to generate liquidity. The first level that comes to mind is the 58,402.01 lows.
Ideally, if the market attacks this level and then moves higher, we could see a bullish market shift. Let’s watch closely for this scenario to unfold. We’ll keep you posted on our approach when the time comes.
Ideally, if the market attacks this level and then moves higher, we could see a bullish market shift. Let’s watch closely for this scenario to unfold. We’ll keep you posted on our approach when the time comes.
Daniel P. Fadejev
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.
Daniel P. Fadejev
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.