Potential drop
Bitcoin managed to pull back up from 97k and reached 103k. However, price action is struggling to settle above 103k and it may face a continued decline targeting the below support structures in search of bullish pressure.
Immediate movements are between 100k and 103k and as long as price action is under 103k and 105k, the crypto will remain bearish within this D and W correction phase
Immediate movements are between 100k and 103k and as long as price action is under 103k and 105k, the crypto will remain bearish within this D and W correction phase
Trade closed manually
TP hit
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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.