We did not break all the resistances over that falling wedge jut yet.
I am taking some profits as I see 2 scenarios:
1) S&P recovers > Btc will bump and run from the falling wedge like crazy
2) S&P crashes > BTC could test another lower level creating a lower low at 30800 or 28k
we could go lower in a black swan event but I don´t think that it will happen with
all the money printing and BS from the FED.
I am taking some profits as I see 2 scenarios:
1) S&P recovers > Btc will bump and run from the falling wedge like crazy
2) S&P crashes > BTC could test another lower level creating a lower low at 30800 or 28k
we could go lower in a black swan event but I don´t think that it will happen with
all the money printing and BS from the FED.
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Related publications
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.