Bitcoin
Short

Bitcoin low not yet priced in

237
From our last post, TOSOPTION algorithm triggered the first sell short entry on May 12th on the daily time -frame. The signal will likely persist since the ttm squeeze is scanning. The expected move is 200 day ma and if price cycle through the 200 day ma the two psychological targets are likely to be on the radar. 40k and 30k .

Update: There is a possible scenario that bitcoin will move to $19,000

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.