BTC situation seems not good but $7500 support is important. If it doesn't break we see another bull wave for Bitcoin with these targets:
8900
9700
10600
But if it can't support the price we should wait for a downtrend with these targets:
6600
6200
5600
If you saw a confirmed break below $7500 you can open a short position.
If you saw a confirmed break above $8300 you can open a long position.
Good luck
8900
9700
10600
But if it can't support the price we should wait for a downtrend with these targets:
6600
6200
5600
If you saw a confirmed break below $7500 you can open a short position.
If you saw a confirmed break above $8300 you can open a long position.
Good luck
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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.