Bitcoin bounced from the $3000 zone we pointed out before. Looking at the chart technically again we could see a retracement into the $4500-$4000 zone before seeing another leg higher.
If we see a strong influx of new bitcoin users this could drive demand higher and we may see only a slight adjustment before seeing further new highs.
If we see a strong influx of new bitcoin users this could drive demand higher and we may see only a slight adjustment before seeing further new highs.
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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.