We are still in a downtrend on the weekly frame. For now, I have no interest in buying for the long term. At most, some quick entry if given the opportunity. Where I will consider buying will be when we have a clear weekly structure change. That is, when we see a weekly close above the red line.
Until then, it's best to sit on your hands... and enjoy the spring 🌸
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Small update on Bitcoin:
We are still in a downtrend on the weekly frame.
For now, I have no interest in buying for the long term. At most, some quick entry if given the opportunity.
Where I will consider buying will be when we have a clear weekly structure change. That is, when we see a weekly close above the red line.
Until then, it's best to sit on your hands... and enjoy the spring 🌸