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Bitcoin
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Bitcoin's Price Structure Looks Like Garbage

1089
The chart really speaks for itself here. Even though we have bounced off of the recent lows, the trending price structure is now cracked. This will likely lead to chop / downside for the near / medium future. I don't like it long from here. This isn't to say we won't see highs, but the daily chart momentum is over for the near term.

Cheers!
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Fundamental AnalysisTechnical IndicatorsTrend Analysis

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Fundamental AnalysisTechnical IndicatorsTrend Analysis
PropNotes

Related publications

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.