Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bearish outlook for BTC
Bitcoin
Short
Bearish outlook for BTC
By maxgame
Follow
Follow
Updated
Nov 8, 2019
7
Sep 22, 2019
Several failed attempts to break above 10.6k, expecting a slow descent to 8k region until May 2020 around the time of halvening.
Nov 8, 2019
Trade active
Expecting a revisit to 7.7k region, before a bullish reversal occurs.
Outlook is bearish until we close above 10k on the weekly.
Jan 28, 2020
Trade closed: target reached
Bullish reversal confirmed, retest of 10.5k is likely.
LONG
Trend Analysis
Wave Analysis
maxgame
Follow
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
.