BItcoin is still a long but could be getting some resistance in the push over $50 K USD. It pulled
back into a dip for the NY morning open and got the volume push. Got more on the options.
Crypto stoeck still airborne including CLSK. BITF, BETS, HUT, MSTR and RIOT. Watching my
positions closely as BTCUSD could roll over here.
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Bitcoin got over 50K and is now zigzagging that level. On the zoom view, a nice VWAP band and high volume area breakout. Closed 1/3 of the position. Several crypto stock plays will be on consolidation tomorrow will take partials CLSK BITF BTBT HUT RIOT and MSTR all running. Ideas posted last week.
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Bitcoin bounced down from 50K and took a lot of others with it including crypto stocks which dumped.
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Bitcoin wants to retest the 50K ceiling. I am all for it. Shook out a lot of trader on the corrections some some reaccumulation and time can help.
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Nice run to get over resistance now support. Crypto stocks getting some juice. and maybe a squeeze
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Shorting Bitcoin again breaking down and falling at resistance.
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Bitcoin is forecasted to rise until Thursday March 21 by the Luxalgo Gaussian Regression line predictive model :
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