In our last Bitcoin analysis, we were short from around the 49K level back down to the 43K level. Price spiked down below and almost reached 40K!
We are now seeing a correction back up, possibly to either 47K or 45.5K level. If price goes beyond 47K, we will change our bias to bullish. Until then we will be looking for short term bullish gains and medium term bearish gains.
See linked chart for our last Bitcoin analysis.
We are now seeing a correction back up, possibly to either 47K or 45.5K level. If price goes beyond 47K, we will change our bias to bullish. Until then we will be looking for short term bullish gains and medium term bearish gains.
See linked chart for our last Bitcoin analysis.
