“The biggest risk of all, is not taking one.” - Mellody Hobson
🇨🇭 Join our Swissblock Telegram Group! Get daily updates, in-house content, and technical analysis on crypto & macroeconomics. Tap into a hub of knowledge and insights. Stay ahead with Swissblock. Sign up now! 🚀
Some may think that bitcoin is losing steam and is due for a pronounced correction. However, our Risk Signal remains locked in the elevated - “low” - risk zone. A break below $35k seems unlikely and is a great buy zone.
Furthermore, bitcoin’s short, mid, and long-term trends are still bullish. Every dip is a buying opportunity even if the short-term trend turns bearish if the price breaks below $36.9k.
Keep reading with a 7-day free trial
Subscribe to Swissblock Insights to keep reading this post and get 7 days of free access to the full post archives.