Today the price has reached the first analyzed support level and made a small $ 200 rebounce, this is clearly not enough for a support confirmation. If the price does not fall below 5000 $ this week, I expect a bottom building in this area but I for my self consider a test of $ 4000-4100 support more likely.
As I already mentioned several times - the fuel for our rocket is missing too many are waiting for van Eck ETF , BAKKT and co.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Also on:
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.