A few days ago I made an analysis on Bitcoin and the bounce it was about to make.
Since Bitcoin is still trading in this bearish channel, it's likely that we're going to see some kind of reversal in the next two days or so. With countries going into lock downs again, fear is back and the trend is very dominantly bearish, so don't expect a bounce to >50k.
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.