Bitcoin as we all know is the most valuable cryptocurrency whose price is affected by various factors such as fundamental, high impact events and the likes....
It's been on a mice bearish momentum from the all time high "68790.."
A recent last week low was created @ 55 641.23 which was later traded toward and well stophunted to create a W reversal pattern...
We believe the micro TL would be broken and traded to the next liquidity zone "60960..."
We would look for a potential continuation from this point toward the high and higher or probably the continuation of the downward momentum.....
Please let us know your thoughts in the comments session below and sure do follow for more updates
It's been on a mice bearish momentum from the all time high "68790.."
A recent last week low was created @ 55 641.23 which was later traded toward and well stophunted to create a W reversal pattern...
We believe the micro TL would be broken and traded to the next liquidity zone "60960..."
We would look for a potential continuation from this point toward the high and higher or probably the continuation of the downward momentum.....
Please let us know your thoughts in the comments session below and sure do follow for more updates
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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.