Bitcoin long term trends.
Bitcoin may sell in the near term. If it bounces off support trendline it has upside resistance shown by the upper trendline. Although bitcoin may have a long term a very high positive outlook
it is going to depend on how soon it breaks out of the upside resistance line. And given current e environment, it seems another consolidation might be very likely. Bounce - Bounce - Sell-that-bounce!
Bitcoin may sell in the near term. If it bounces off support trendline it has upside resistance shown by the upper trendline. Although bitcoin may have a long term a very high positive outlook
it is going to depend on how soon it breaks out of the upside resistance line. And given current e environment, it seems another consolidation might be very likely. Bounce - Bounce - Sell-that-bounce!
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.
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.