The chart I see
USD no longer seems a trustworthy value reference and thus we must use Gold and Bitcoin, whose supply is not controlled by central banks. Taking a look at this chart we can understand the BTC bottom in March, but we can also see that the current uptrend was broken last week. Thus, I expect a correction in BTC price down to well-known long-term resistances/supports, such as those corresponding to the range of 6000-7000 USD.
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.