As the saying goes, 'the trend is your friend' so down it goes. There could be a rally, but bitcoin is a fickle friend. Trust the lines, if we break through any of these lines with some strength, it may change the trend. For now, I think we are like the titanic, just playing music and watching it sink. Until the cold water of $4200 touches our feet, we will just keep milling about.
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.