We are several hours away from closing a very strong week on the Bitcoin market. Prices have returned to the "sell the news" levels, wiping away all the negative comments around the spot ETF launches on the US markets.
Consensio trend following system is currently indicating a 8/9 position size, and confident investors may also consider the weekly chart as a 3/3 therewith allocating a full 9/9 to the Bitcoin market. The consensio trend structure is Long3 on all of the 1D/3D/1W timeframes which is an indication of a solid and intact uptrend.
Weekly RSI is looking amazing, staying safely in the bullish zone above 66.
Volume could be a bit higher to stay above average but hey, we can not ask for anything, can we?
Onwards!
Consensio trend following system is currently indicating a 8/9 position size, and confident investors may also consider the weekly chart as a 3/3 therewith allocating a full 9/9 to the Bitcoin market. The consensio trend structure is Long3 on all of the 1D/3D/1W timeframes which is an indication of a solid and intact uptrend.
Weekly RSI is looking amazing, staying safely in the bullish zone above 66.
Volume could be a bit higher to stay above average but hey, we can not ask for anything, can we?
Onwards!