Dear Traders, the past couple days had a lot of price movement and we could see significant exhaustion on a lot of altcoins. Now it seems like bitcoin is trying to target 50k once more. In my oppinion we could see a double-bottom which results in a new ATH or the ATH forming a double-top. In any case we should see a significant pullback from there. The supports we're looking for are at around: 46k, 41k, 38k and 30k.
What's your oppinion? And if you like it, share or let me know. Have a great day!
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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.