Bitcoin did not take $ 20,000 on the move.
It looks like significant funds are transferred from Bitcoin to BCHUSD and BTGUSD
One way or another, the correction began. Now the question is, what's next?
First support levels: $ 15,500 and $ 13,000.It is unlikely that it will immediately fall to $8000- $ 10,000
Most likely there will be a short strait to activate stops under $ 13000 and then a re-storm to $18000- $ 20,000
And only in case of its failure, there will be a mid-term correction to the area of $8000-$10000
If the repeated trip to 20,000 is successful, then the first target is higher - $ 25,000
It looks like significant funds are transferred from Bitcoin to BCHUSD and BTGUSD
One way or another, the correction began. Now the question is, what's next?
First support levels: $ 15,500 and $ 13,000.It is unlikely that it will immediately fall to $8000- $ 10,000
Most likely there will be a short strait to activate stops under $ 13000 and then a re-storm to $18000- $ 20,000
And only in case of its failure, there will be a mid-term correction to the area of $8000-$10000
If the repeated trip to 20,000 is successful, then the first target is higher - $ 25,000
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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.