BTC Possible Giant Bull Flag
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Sticking with recent bear market sentiment after all time high at 4950 range, I see a potential long term uptrend switching to a short term bear market downtrend to serve as long term consolidation. BTC could also break the symmetric 4hr triangle up, but recent sentiment suggests otherwise. This is purely technical and not backed by quantitative methods.
The investment strategy is long at this point. I am attempting to hedge my risks with a reasonable/justifiable worst case scenario "bottom".
The investment strategy is long at this point. I am attempting to hedge my risks with a reasonable/justifiable worst case scenario "bottom".
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