my first ever post was not a serious technical analyses but it played out not so bad.
now bitcoin had lost mid-term uptrend by breaking bellow 91K
it will regain mid-term uptrend by breaking above 100K at the moment
possible support levels: 73-75K and 67-69K
*MY-OPINION*: we will have a dip in the next 2 Weekly candles forcing price to touch 67-69K, and then a close above 75K in monthly(March) candle would be nice to confirm the end of a correction phase for BTC.
now bitcoin had lost mid-term uptrend by breaking bellow 91K
it will regain mid-term uptrend by breaking above 100K at the moment
possible support levels: 73-75K and 67-69K
*MY-OPINION*: we will have a dip in the next 2 Weekly candles forcing price to touch 67-69K, and then a close above 75K in monthly(March) candle would be nice to confirm the end of a correction phase for BTC.
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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.