$BTC 4H
I have very mixed feelings about
Bitcoin:
- on one hand, we've seen a
strong impulse with the necessary
divergences, harmonious wave
proportions, and alternations;
⁃ on the other hand, liquidity hasn't
yet gathered under wave iv, which I
consider crucial for a new move, plus
the 50-week Moving Average (50MA)
hasn't been tested.
If the price holds for a few
more days and forms something
resembling an impulsive wave, then
there might be an opportunity to
consider long positions.
For now, I would recommend
staying away from margin/futures
trading on Bitcoin.
Don't forget to like the post and follow us
#btc #bitcoin #avoidfuturetrading