This morning's flash crash in BTCUSD isn't making us feel good about our bullish stance for buy and hold investors. For people with very short-term horizons, it's the current environment has to irritating.
We added volume analysis to our Bitcoin chart. It turns out that $10,200 is the price where most of the volume has been traded in the recent range. We find that interesting because that level is also the apex of the triangle as we have drawn it.
As a reminder, the closer Bitcoin gets to the apex of the triangle, the bigger the ensuing breakout can be.
We added volume analysis to our Bitcoin chart. It turns out that $10,200 is the price where most of the volume has been traded in the recent range. We find that interesting because that level is also the apex of the triangle as we have drawn it.
As a reminder, the closer Bitcoin gets to the apex of the triangle, the bigger the ensuing breakout can be.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.