Hi guys, so it looks like bitcoin is stuck in a big descending wedge, which is mid-term bullish. However, before we break this triangle upside, I think bitcoin need to correct a bit more and go a little bit under 9k where we enter a really strong support zone. really looks to me like between 9k & 8k will be the bottom for bitcoin before the next major move.
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.