Bitcoin might have hit the top at a price of around $21,650. On this 4 hour chart the MACD is about to cross over to the bear side in about another 2 hours if the selling keeps up. The MACD is circled in yellow.
$22,000-$22,500 still on the table though until the price breaks out of the bottom of the wedge.
If Bitcoin drops below $19,850 I think that will set us on a course to around 8-10k
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.