BTC has still not fully retraced to its long-term trend line, leading me to believe it's still got a little room to drop before we break upward out of its descent. I don't expect to see a breakout this run as it's failed a few times now and the volume just isn't there. Expecting a short term drop to $6,100 before it retests the upper edge of the descending line once more.
Not trade advice, just estimations.
Not trade advice, just estimations.
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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.