Good morning from Belgium,
Lots of ideas were popping up due to the in-channel bull-run of the last days. Bitcoin is back most people say, I will tell you, it will never leave, but...it has to finish its market cycle. Those are the biggest strengths of trading, looking at the big picture. So, I am still bearish and on the daily picture you see a few changes although the biggest picture is still the same. Bull-run was broken this early morning and target of $4800 still remains but could flip through $4100. A colleague trader was picturing a $2500 level which is also possible depending on behavior during the ride. Save trade and be patience and control you emotions. This is never an buy or sell advice. Make your own decisions!
and the broke of the bull-run picture:
Lots of ideas were popping up due to the in-channel bull-run of the last days. Bitcoin is back most people say, I will tell you, it will never leave, but...it has to finish its market cycle. Those are the biggest strengths of trading, looking at the big picture. So, I am still bearish and on the daily picture you see a few changes although the biggest picture is still the same. Bull-run was broken this early morning and target of $4800 still remains but could flip through $4100. A colleague trader was picturing a $2500 level which is also possible depending on behavior during the ride. Save trade and be patience and control you emotions. This is never an buy or sell advice. Make your own decisions!