Bitcoin
Short
Updated

Bitcoin close to breaking down

56
- follow up on this analysis:
Bitcoin showing some cracks - caution advised

- this range has been forming for the last three months and with this latest move, Bitcoin is very close to confirming a much larger move to the downside
- HTF volatility at rock bottom (comments) so the firepower for a big big move is present
Trade active
5D volatility starting to expand.

snapshot
Trade closed: target reached
Weekly volatility yet to expand.

snapshot

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.