Historic bounce zone for bitcoin, off the 233 EMA. See my previous analysis to justify why Bitcoin COULD bounce UP from this range.
Reasonable Target #1 would be approx. $74k
Weekly Oversold 233 EMA Bounce
.618% Retrace into Recovery Target from Bearish Breakdown in 2022
MACRO Trendline - Pitchfork pivots
Note: Not Trading or Investment advice. Entertainment Only. ;)
Reasonable Target #1 would be approx. $74k
Weekly Oversold 233 EMA Bounce
.618% Retrace into Recovery Target from Bearish Breakdown in 2022
MACRO Trendline - Pitchfork pivots
Note: Not Trading or Investment advice. Entertainment Only. ;)
Note
Posted NEW Idea based on the falling wedge break. 
Trade closed manually
penetrated the lower boundry wedge.
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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.