📈 Daily TA: Bitcoin (BTC/USD)

Hello, dear members of LeoFinance!

Today, I just want to share my point of view on the current Bitcoin's price pullback. Actually, I will just post one chart (BTC/USD in the 4-hour time frame):

... and one illustration that PlanB posted a few hours ago on Twitter:

I think this everything is clear! It (the chart + illustration) is self-explanatory.

To be continued ...

As of the time of writing, one Bitcoin costs $54,355.42 on the Bitstamp crypto exchange, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last 14,5 years, and as a cryptocurrency analyst for the last 3,5 years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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📈 Daily TA: Bitcoin (BTC/USD) | 22-02-2021