At the moment of writing this article, Bitcoin is breaking structure. According to the Fetch Trends indicator, we've also established a new uptrend.
Now, this does not mean we kickstarted a new bull run. What this possibly could mean is the end of the falling trend, and that we can expect to go sideways from here.
If the bottom is not in, 12-14k are my next targets. But for now, we stay short term bullish.
Now, this does not mean we kickstarted a new bull run. What this possibly could mean is the end of the falling trend, and that we can expect to go sideways from here.
If the bottom is not in, 12-14k are my next targets. But for now, we stay short term bullish.