BTC/USD is still in consolidation phase on the daily timeframe, as long as we stay in this channel (black lines), the bullish trend is intact. A weekly closure tonight above 60 k USD would signal the end of the consolidation period.
The crypto market is very volatile, it's very important to take distance and watch the big picture to not react emotionally when we see red candles on smaller timeframe.
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio
The crypto market is very volatile, it's very important to take distance and watch the big picture to not react emotionally when we see red candles on smaller timeframe.
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio