Bitcoin
Long
Updated

A possible Bullish scenario Bitcoin!

200
The chart explains it all.. This could be a bullish scenario where we are heading to a 38.2% retrace or even a 61.18% pullback.
Keep in mind that there is also a huge bearish scenario in play.. I will post that one later. Also take into account that the timing could be different.

Note
I believe we will go lower than 8500 and that the first support will not hold.
Note
snapshot

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.