BitcoinShort
BTC will probably go down
According to my technical analysis, I see that Bitcoin could probably fall to $25000. However, if that were to happen, a huge bear cycle would start, probably taking Bitcoin to the lower levels prior to the bull run. We never know. At something might be true, Bitcoin has room to fall even further on consolidation that has been unable to break the 62% Fibonacci level signifying a recovery from the recent sell off.
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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.