As you all should know, the halving is coming in approximately a week. What does this mean for bitcoin?
Well there will probably be a sell off of bitcoin from miners as to cover the loss of rewards from blocks.
Bitcoin has been following this ascending channel since the crash, potentially dipping through the halving and hitting the 0.382 or bounce off the golden trend line from 2017.
The has ribbons are telling us that the hash rate is growing and is a good time to buy, however we do have the halving and some miners will leave.
I'm personally in a short, though would move to a long position after the dip I'm expecting.
If we do bounce off the channel and continue to grow, it could be possible. The fed are printing after all like crazy ;)
Let me know your thoughts and if you think my analysis needs any corrections.
Well there will probably be a sell off of bitcoin from miners as to cover the loss of rewards from blocks.
Bitcoin has been following this ascending channel since the crash, potentially dipping through the halving and hitting the 0.382 or bounce off the golden trend line from 2017.
The has ribbons are telling us that the hash rate is growing and is a good time to buy, however we do have the halving and some miners will leave.
I'm personally in a short, though would move to a long position after the dip I'm expecting.
If we do bounce off the channel and continue to grow, it could be possible. The fed are printing after all like crazy ;)
Let me know your thoughts and if you think my analysis needs any corrections.
Not
If we close 9200, I will be bullishİşlem aktif
We hit the ascending trend line and instantly got rejected, I increased my short position when we hit 9k.
Not
Keep bouncing off 9k. Managed to increase short from 8600 to 8900 thanks to these pumps. More short fills at 9k
İşlem elle kapatılmış
bull trend still going so given up on this trade. Long next!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.