BTC has failed to break down under 60k multiple times. While I see little reason for the BTC bear market to be over, with things like STRC trading at 87 and froth still across the yield farming sector, BTC itself has a decent technical setup. The 20ema is crossing the 50sma, near-term relative strength is okay, and we have seen multiple failed breakdowns.
Many are chasing a rally into the 200sma in the low 70k region. While I do not see BTC as a good investment at these levels, the RR is not bad for a quick trade to 70k. If general risk sentiment does not crash due to elevated oil prices and Iran escalation, the long window is open.
Many are chasing a rally into the 200sma in the low 70k region. While I do not see BTC as a good investment at these levels, the RR is not bad for a quick trade to 70k. If general risk sentiment does not crash due to elevated oil prices and Iran escalation, the long window is open.
The Carny
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The Carny
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.