In the medium-long term, our view has not changed, and 5.800 breakout could confirm another fall with TARGET at 4,800, 3,500 and 622, but from one of these levels, some reversal patterns may appear, to example something like “V” pattern. That said, our basic idea remains unchanged from our last weekly analysis.
OUR LATEST WEEKLY ANALYZES:
(Click and Play on chart to read our comments)
![[BITCOIN] LONG TERM ANALYSIS](https://s3.tradingview.com/p/Prw5mWjr_mid.png)
![[BTCUSD] TREND STILL BEARISH](https://s3.tradingview.com/9/90ibHZ3u_mid.png)
![[BTCUSD] CONSOLIDATION ?](https://s3.tradingview.com/s/SmiW94I6_mid.png)
If you think this analysis can be useful and you want to receive new updates about this idea, click on STAR & LIKE button!
Thank you for support and trade with care!
OUR LATEST WEEKLY ANALYZES:
(Click and Play on chart to read our comments)
If you think this analysis can be useful and you want to receive new updates about this idea, click on STAR & LIKE button!
Thank you for support and trade with care!
Note
Trade closed: target reached
TARGET 1Note
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.
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.