Bearish BTC breakdown
Linearized Bitcoin chart (to the power of 0.1)
We've now broken down from 2 major supports, after a recent pullback.
Currently resting above the 0.786 Fibonacci level fit to all data, if this breaks I imagine things could get ugly.
We've now broken down from 2 major supports, after a recent pullback.
Currently resting above the 0.786 Fibonacci level fit to all data, if this breaks I imagine things could get ugly.
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.