We see BTC has came to our first point of interest at 35-36k and now we can see it consolidate before either coming down to around 24-26k to fill an imbalance and capture the liquidity or possibly start going bullish but me personally i think we will accumulate again and create healthier price action before moving to 26k so might see a potentially go up fill some imbalance and go capture the liquidity and scare some more investors, but we will see what happens, like i said before i am personally not taking any positions on BTC right now.
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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.