Bitcoin - What's Next Rock Bottom or Will The Upper BB hold
On the notion of my current favorite indicators to find a way through the parabolic madness of Bitcoin and the crypto market here a dedicated view on Bitcoin .
Please see my related ideas for some explanation and context.
There were early signs of trouble and clear signs of trouble and now Bitcoin must defend the upper weekly Bollinger Band or else rock bottom is ahead.
Hope the text on the chart does most of the explaining.
The purple paths are potential main paths that appear likely.
mid- to long-term I'm still long/ bullish . Short-term be sure to save some money to buy in if you like at potential rock bottom levels and use stop-loss orders to protect yourselves.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Please see my related ideas for some explanation and context.
There were early signs of trouble and clear signs of trouble and now Bitcoin must defend the upper weekly Bollinger Band or else rock bottom is ahead.
Hope the text on the chart does most of the explaining.
The purple paths are potential main paths that appear likely.
mid- to long-term I'm still long/ bullish . Short-term be sure to save some money to buy in if you like at potential rock bottom levels and use stop-loss orders to protect yourselves.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
