If we stay in this downtrend and within such a price range it cant be good for BTC, we need to stay out of the cloud, if we break above, it could signal an uptrend reversal to the bullish side otherwise, and we have alot of work to do, we are in a major downwards spiral, possibly test 7000s, then again the 6500s and possibly, although I say this with tight cheeks the 4000s...
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.