Third BTC Close in a Row Calling For a Local Bottom

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Yesterday’s close gave us another hammer which is the 3 close in a row to say bitcoin is at a local bottom. In total that’s 4 in the last 5 days. I think there is more resilience in there than people are giving it credit for. ETH is already on the move with a green day right after the dragonfly doji close yesterday. We should have a week of upside on our hands. Regardless of how high we go we are likely in for a retest of our trading range on the other side of this so we aren’t out of the woods quite yet. It’s coming though!

#bitcoin #ethereum #crypto #trading #investing #cryptotrading #cryptocurrency #btc #eth #wyckoff #accumulation

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***WARNING*** All bitcoin, ethereum, crypto, and other content reflects the personal opinion of Calvin Weight and anything stated or implied does not speak for any company in any official status. I am not a licensed or accredited financial advisor and no opinion should be taken as financial or trading advice. It is safe to assume that I am invested in or have a financial interest in everything that I talk about here so my opinions are skewed. Trading especially with leverage is risky - do not invest money you aren’t prepared to lose.