BTCUSD-Havent finished correcting?
Long term I'm bullish on BTC.
Futures expires today? A lot of people are expecting it to go up but I feel more people have to get rekt and BTC has to fall into more stronger hands.
We may hit the 200MA(red) which would bring us to 7.5k and the ABC correction would end nicely on that 200MA(red). Also the 0.618 fib level matches together fairly well too. I will have big buys ready.
According to history on the RSI, we have went deeper into the oversold territory. We also have a bear flag in a bear flag, fwiw. For me to get into a bullish trade/trend i'll need a big candle to break the 12.8k range and/or break above the 50MA(purple).
But with lightning and the new Robinhood addition and the bullish sentiment that's rising. None of what I say may matter. I have my long term investments, but I still love to trade. Got to be able to change your inner animal with conditions.
Just my thoughts, definitely not financial advice.
Cheers and good luck all.
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