Recent news events and technical indicators are not causing a significant price correction.
This could indicate that Bitcoin is poised for a major upward move.
Overall, the outlook for Bitcoin is positive. The recent consolidation and lack of price correction suggest that Bitcoin is building strength for a potential breakout to the upside.
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.