I think that the correction of the downtrend is over (from 6k)and the BTC will slip again by the upper downtrend line created by 20k drop from the end of the last year. If the price break that line (during few days, watch out for fake breakout!), it is possible to BTC to rise even more. Price can go as low as $8000 (safe) or $7500 (which is little bit riskier). I don´t think that the price will go even lower.
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.