Bitcoin pull back
I think Bitcoin will have a pullback to the 80,000 area before it starts moving again. If the panic is big, it can even reach zone 2.
Trade active
The first target has been reached. From now on it can bounce from SMA200/daily, after which there are chances that we will head towards 74000 where it seems to be a pretty strong support. There we can meet 200SMA/Weekly and RSI below the 30 area. If this scenario comes true, from there we look for long entry signals.
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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.