FieryTrading

🔥 Bitcoin Low Volatility After Dump: What Next?

INDEX:BTCUSD   Bitcoin
BTC has been trading in an extremely low volatility area after the huge dump of a couple of days ago.

So, what's next? I say we wait until BTC moves out of the yellow box.
A bullish case would be that stocks have had a great rally on Friday, while BTC dumped, so we "should" go up and follow stocks. However, I think the bearish case is getting more realistic at the moment, especially with the Silvergate thing going on.

So, in my view, this is not a bullish setup. However, we can't make any bullish or bearish calls as long as we're trading inside the yellow box.

Patience.

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.