This is for my own reference. Looking at the weekly BTC shows us some pretty bearish indicators. RSI and MACD both need to close the weekly positive, else break critical support. If it does break downwards, fib targets are drawn. I included fib extensions to consider if the market recovers from the bear market any time soon (I believe it is still just getting started, so bullish year overall imo).
Note
If 9300 was the bottom, check my other idea with fib targets with emphasis on the 7-10 week cycles we've been seeing for the past 12 months.
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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.