Bitcoin VLOG #53 - can we touch 50k?
Touching 48k is impressive, keen to see how this daily closes, if we don't get above 47.2k in the next day and record a lower high on the 4 hourly, I think we come down to test this ascending wedge lower trend line.
I'm getting the impression BTC is rounding off at the top here, that 50k may be as high as we can get, great time to take profits.
Still a period of a few days to a week here where you can enjoy ALT trades. But if BTC is serious, we need another tasty green daily candle!
MY ROUGH PREDICTION = Short to 45k next 1 to 2 days
Shoutout to todays trading view ideas = MMBTtrader, TradingShot
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:00 =Long trade very minor win
2:40 = Highs are rounding
3:30 = Struggling to break triangle
4:00 = Problem with descending lines
7:30 = 2018 lines..
12:00 = Changing conditions
13:20 = 50k whale shorts?
16:25 = MY ROUGH PREDICTION
16:55 = MMBTtrader
18:00 = TradingShot
19:30 = Closing words
I'm getting the impression BTC is rounding off at the top here, that 50k may be as high as we can get, great time to take profits.
Still a period of a few days to a week here where you can enjoy ALT trades. But if BTC is serious, we need another tasty green daily candle!
MY ROUGH PREDICTION = Short to 45k next 1 to 2 days
Shoutout to todays trading view ideas = MMBTtrader, TradingShot
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:00 =Long trade very minor win
2:40 = Highs are rounding
3:30 = Struggling to break triangle
4:00 = Problem with descending lines
7:30 = 2018 lines..
12:00 = Changing conditions
13:20 = 50k whale shorts?
16:25 = MY ROUGH PREDICTION
16:55 = MMBTtrader
18:00 = TradingShot
19:30 = Closing words
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