BTCUSD is currently trading in a Bear Market overall. Not only that, it has broken the Trendline support, and is consolidating, forecasting a push to 5000 USD for stability. If we still have some bull power, anticipating a double top before melting. Also investors, are looking for safe haven markets, probably avoiding cryptos.
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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.