BItcoin Bearish Scenario
BT|C price is consolidating within a horizontal channel and 0.23 fib level acting as support. if that support level broken then the next support zone will be 0.38 fib level or the price will retrace to the 0.50 or Golden pocket of fib levels.
There are important fundamental news coming out this week such as CPI on Wednesday and PPI on Thursday so lets see how the market reacts on these economic data releases.
There are important fundamental news coming out this week such as CPI on Wednesday and PPI on Thursday so lets see how the market reacts on these economic data releases.
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.