Bitcoin finally broke the bearish triangle pattern. This is just the first moving wave after breaking. The last decrease is very large, so the downward momentum will continue.
Our price target for this bearish wave will be in the zone of $ 4800 - $ 5200. Where the volume buttons are large and coincide with the Fibo 78.6%
Our price target for this bearish wave will be in the zone of $ 4800 - $ 5200. Where the volume buttons are large and coincide with the Fibo 78.6%
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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.