BTCUSD Bitcoin Technical Projection for the Week
Bitcoin is still inside a Descending Triangle Pattern with its base at multi-support levels. A short bullish move last Friday shows optimism but a bearish trend is still in place due to the strong selling last 04/09 and 05/09.
Bullish Scenario with a target at 7431.1 and 8514
Bearish Scenario with targets at 5871.8, 5426.6, and 5133.0
Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.
Bullish Scenario with a target at 7431.1 and 8514
Bearish Scenario with targets at 5871.8, 5426.6, and 5133.0
Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.
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.