#Bitcoin dipped to the EMA21 today and quickly bounced back—a rare and pretty straightforward long entry in the past few days. But I don't think this means consolidation is over or that we’re about to see a major rally. I wouldn’t take this bounce off the EMA21 as a signal of a new trend either. For me, it was just an easy short-term long opportunity in this choppy market—nothing more, nothing less. No need to overthink it.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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