Bitcoin has reached the top of my 2021 Ascending Macro Channel.
- Dow Theory currently says Bitcoin will get dragged down with the wider equity markets if they drop below October lows.
- Momentum suggests BTC can break higher towards $50k
Leaning towards the downside.
Best, Hard Forky
- Dow Theory currently says Bitcoin will get dragged down with the wider equity markets if they drop below October lows.
- Momentum suggests BTC can break higher towards $50k
Leaning towards the downside.
Best, Hard Forky
Note
teasing Note
retest - possible break to the upside Note
Note
test and support confirmed Note
on the run Note
possible retest a 
36K Note
reaching top of extensions Note
Note
Note
Second touch, red target area for short - Note
top Note
Shorted 
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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.