Bitcoin is consolidating on the main support of this cycle started in March 2020, until the price is above the main support there is no need to worry, if it close below I think we will see the 20Ks ... otherwise , if a new bullish cycle starts the next support is indicated by the upper trendline, then between 50-52k, then summarizing:
If bearish: sell with trendline break and closure under 33K
If bullish: sell on resistance to 50-52k
DYOR
If bearish: sell with trendline break and closure under 33K
If bullish: sell on resistance to 50-52k
DYOR
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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.