We have a major weekly support trend line to be watching on Bitcoin. It as held since the pullback to 28K. By this logic we could drop to about $34,700 on bitcoin here during this weekly consolidation. We are still in a weekly uptrend as well just looking for a weekly higher low. No major red flags and definitely a buying opportunity especially with alt coins IMO. Not financial advice :)
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.