BTC has broken the 31 May low, so the short-term view is bearish.
It also made a head and shoulder pattern, which supports the view on the short side.
As gold and silver are bullish and DXY (dollar index) bearish, then a flat pattern (5 wave up) mentioned in the chart is also possible
In both cases, BTC is short-term bearish
Plz Follow me on X for more updates
It also made a head and shoulder pattern, which supports the view on the short side.
As gold and silver are bullish and DXY (dollar index) bearish, then a flat pattern (5 wave up) mentioned in the chart is also possible
In both cases, BTC is short-term bearish
Plz Follow me on X for more updates
Trade closed: stop reached
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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.
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.