Bitcoin finally showing its weakness due to the FTX scandal with SBF. We have two trendlines that are converging together to give us a possible price of
13K to as low as $8k with a middle price of $11k. What is also important to notice is the coming Ripple vs SEC case which should be wrapping up in late March 2023 that can affect the crypto markets in a positive way once this is all resolved and Ripple is given the clarity it is looking for.
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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.