An updated simple and clear technical prediction of the end of the bear market.
A broad support cluster of 4975 to 3000 dollars which does not seem to be breakable, time will tell.
It is necessary for Bitcoin to mark a clear bottom in order to make a definitive change.
The arrows are aimed at the beginning of August for a break of the down trend line.
With the Nasdaq superimposed in the background, this does not seem like a far-fetched development of the future.
A broad support cluster of 4975 to 3000 dollars which does not seem to be breakable, time will tell.
It is necessary for Bitcoin to mark a clear bottom in order to make a definitive change.
The arrows are aimed at the beginning of August for a break of the down trend line.
With the Nasdaq superimposed in the background, this does not seem like a far-fetched development of the future.
Note
Hold your horsesNote
Sequential is on a 5 daily, potentially 4 more days of downsideNote
Note
Not updated this idea, but it was valid
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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.