Hello Friends! Here’s a new look on Bitcoin’s daily chart. Unfortunately it’s still on a downtrend.
For a bearish case if it continues to stay in the downtrend channel and creates lower closes, I see these as possible price targets: $40500 $35000 $30000
For the bullish case it needs to close above $45739. If that break happens, I see a few bullish price targets: $48778 $52382 $59211
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
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.