alexdageek1

Why I am being very cautious with bitcoin

BITSTAMP:BTCUSD   Bitcoin
In one of my previous charts, I did not give out much detail. In order for bitcoin to reach an all time high, bitcoin needs to show strength and speed. The problem that I have is that, in order for me to stay bullish bitcoin should be above 52k before the end of February or before March 1. I drew a vertical line where March 1 is. I would like for bitcoin to get back above 52k before that date for me to stay bullish.
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.