Well well well.
It´s not looking pretty. And it´s bitcoin so, this is even more relevant as we all know its dominant role.
Next key support is $20,717 in my BTCBUSDPERP chart. Check for $20,500 as a general value.
In my opinion its time to wait and see how bitcoin deals with the current support level.
Would not be surprised to see a sling shot recovery, but not just yet.
This is short in the short term and long in the long one, for me.
It´s not looking pretty. And it´s bitcoin so, this is even more relevant as we all know its dominant role.
Next key support is $20,717 in my BTCBUSDPERP chart. Check for $20,500 as a general value.
In my opinion its time to wait and see how bitcoin deals with the current support level.
Would not be surprised to see a sling shot recovery, but not just yet.
This is short in the short term and long in the long one, for me.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.