$BTC what needs to occur for us to remain bullish ðâðĻ
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Bitcoin struggling to maintain green today is a clear indicator that it is drowning. If $BTC remains in this state before Tuesday, then we will change our sentiment to bearish. What we WANT to see happen within the next 48 hours is Bitcoin retesting support at $40,500. A bounce off $40,500 and we will remain bullish for the week ahead.
The candle for the week of Jan 10th needs to end in the red for the weekly candle of Jan 17th to be green.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Bitcoin struggling to maintain green today is a clear indicator that it is drowning. If $BTC remains in this state before Tuesday, then we will change our sentiment to bearish. What we WANT to see happen within the next 48 hours is Bitcoin retesting support at $40,500. A bounce off $40,500 and we will remain bullish for the week ahead.
The candle for the week of Jan 10th needs to end in the red for the weekly candle of Jan 17th to be green.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
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Bitcoin is still following the idea that we have in mind.
