Bitcoin looks to be respcting the pyschological level of 52K and may be finding some form of support. However if we are to breach this area we can expect a sharp decline to the 48K level as a first potential trade.
If we break the last significant lower high (resistance) at 56K we can expect price to move back to its ATH and beyond.
Patience is key.
Trade safe
If we break the last significant lower high (resistance) at 56K we can expect price to move back to its ATH and beyond.
Patience is key.
Trade safe
Note
Trade playing out, we should see ATH within this week in my honest opinion. Exciting for crypto as a whole
Note
Almost at target. Price action is key
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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.