Here we can see Bitcoin is getting ready for a push to the downside, possibly down to $50,000. If our 0.618 and 0.786 Fibonacci level can hold we might see another rally to the upside. If we can't hold structure together we might see a head and shoulders pattern in the near future.
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.
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.