As we continue the bearish trend, we will see the price moving back within the pitchfork, with minor retests of previous levels.
Based on the RSI, BTC will be oversold and we should see lower 8k prices by mid-Feb, at which time the price should correct and continue up towards the 15k-20k range in April.
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.