If there's any good news in the market right now, it's that
BTCUSD is bouncing on 2022's support trendline, which is a good sign -- until we zoom out into the 1D to 1W charts.
For now, we're looking at the 4H chart, and it's a good sign that price has not broken the trendline, but for how much longer will it hold?
Will the bulls get exhausted and will the bears takeover? What do you think?
For now, we're looking at the 4H chart, and it's a good sign that price has not broken the trendline, but for how much longer will it hold?
Will the bulls get exhausted and will the bears takeover? What do you think?
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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.