The recent price action of Bitcoin (BTC) is not a signal of a reversal.
-Down trend continues as price action remains within down channel.
-Recent price action is a movement towards the median.
Bitcoin would need to break $47k resistance for any confirmation of a trend reversal.
-Down trend continues as price action remains within down channel.
-Recent price action is a movement towards the median.
Bitcoin would need to break $47k resistance for any confirmation of a trend reversal.
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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.