Bitcoin has really been struggling to gain any real traction ahead of the halving. If we break this $9,500 level expect quite a bit of downside before we have any type of rebound.
MACD has crossed and is negative on the Daily. Weekly doesn't look good.
RSI has lost steam and needs to reload.
Be cautious folks, we could go back down to 8k.
-Sherem
MACD has crossed and is negative on the Daily. Weekly doesn't look good.
RSI has lost steam and needs to reload.
Be cautious folks, we could go back down to 8k.
-Sherem
Note
Buy set @ 8kNote
Target still at 8k, not looking hot right now - Note
Bitcoin bottom? Or just a flag for a continuation move to the downside?
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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.