bitcoin broke itrs uptrend its ranging in since mid of july this week,
meanwhile usd is constantly gaining strength due to FED tapering
i dont think bitcoin can meet its ambitious targets in this environment
i also anticipate bitcoin will likely break its last trend support i highlited red in the chart
meanwhile usd is constantly gaining strength due to FED tapering
i dont think bitcoin can meet its ambitious targets in this environment
i also anticipate bitcoin will likely break its last trend support i highlited red in the chart
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.
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.