Bitcoin - Short-term bearish, long-term bullish
Can see Bitcoin falling here to the 0.618 fib retracement as before and bouncing at the uptrend line. There does seem to be a bearish RSI divergence on the daily chart. IMO this provides a reasonable entry point but of course, adequate personal risk management must be undertaken.
I am NOT a financial advisor.
This is as much for my future reference as anything else, but I appreciate any meaningful feedback if anybody wishes to provide/help out.
I am NOT a financial advisor.
This is as much for my future reference as anything else, but I appreciate any meaningful feedback if anybody wishes to provide/help out.
Penafian
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