Bitcoin's rate has grown rapidly. Priority of the day: the growth of BTCUSD to $ 6800. Our forecast for the bounce of Bitcoin's rate to $ 6200 came true, we waited for the buyers' initiative. Now we need to wait for Bitcoin to fix the price above $ 6200, and think about buying it. Projected scenarios: 1. The rate of BTCUSD will rise from $ 6200 to $ 6800. 2. The rate of BTCUSD will be in flat. Alternative scenario: The bearish trend of Bitcoin's rate has not been broken yet, so it is possible that it will fall to $ 5800. The reversal of Bitcoin's price is always painful: the rate jumps up and down before forming a new trend.
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.