this is a good time to stay out of crypto
there's no point in trading now, we all have better things to do instead of staring at this chart with pointless TA's.
i think that even with a brutal drop btc will not have the bounce it previously had. not even a bounce from 6k will get btc back to 11,7k
so i think nothing big will happen after btc will pass the crossing point of the 2 trend lines, will continue to trade sideways and slowly slip in a downtrend.
let's get back in a few weeks/months, in the meantime let the whales eat each other.
i think that even with a brutal drop btc will not have the bounce it previously had. not even a bounce from 6k will get btc back to 11,7k
so i think nothing big will happen after btc will pass the crossing point of the 2 trend lines, will continue to trade sideways and slowly slip in a downtrend.
let's get back in a few weeks/months, in the meantime let the whales eat each other.
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.