Weekly Time Frame Will Reveal Which Way Bitcoin Price Breaks Out

Yes, Bitcoin is setting up for one massive move. With the price of bitcoin neutral and no momentum  in place the lower time frame are too dangerous to trade on right now. I am sticking to the weekly time frame to see which way it breaks out initially.

Bitcoin Buy $6742 or BTC Sell $6424 (weekly)

Right now could be a huge turning point in the market. Volatility is historically low and set to increase.

The Fed pushing interest rates hikes could derail the equity markets and the USD.

Commodities and Rates attempting breakouts at the same time!

In case you missed it..

Here are the top 5 sources of risk in 2018 and how the relate to the price of bitcoin.

By |2018-10-10T17:48:08+00:00October 10th, 2018|Trade Ideas|0 Comments