In early June I called this [green] level as a potential downside target. Now Bitcoin is landing on a confluence of:
~bull market support (20w SMA) ~diagonal support extending from Jan-24 ~the next value range along 64.4k
This might be LTF long opportunity. Definitely a good time to scoop up a little more spot if you are DCA'ing, like me. Still, I don't think we're ready for a big upside move [yet]. The most likely scenario is a little more sideways on higher timeframes.. so don't get greedy if you do take a position, risk management is key.
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.