BTCUSD's bullish price action is not very encouraging. It has fallen outside both pitchforks without tagging either median line.
I suspect that price will continue to fall, and supports at 60182.55 and 56547.64 are likely to be challenged.
If 56547.64 support breaks, 46000-52000 might be a nice dip to buy.
I do expect at least one more push up to ATHs to complete a full impulse off of November 2022 low.
I suspect that price will continue to fall, and supports at 60182.55 and 56547.64 are likely to be challenged.
If 56547.64 support breaks, 46000-52000 might be a nice dip to buy.
I do expect at least one more push up to ATHs to complete a full impulse off of November 2022 low.
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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.