A potential short term correction for Bitcoin.
Could still break bullish out of this triangle, but RSI seems to have already broken bearish which could mean price will shortly follow.
Looking for retest of the 52k level like mentioned in a previous post. Also possible we only retest 58k.
Would be a healthy correction if we do reach 52k and I'd expect ATHs after a short consolidation period.
Could still break bullish out of this triangle, but RSI seems to have already broken bearish which could mean price will shortly follow.
Looking for retest of the 52k level like mentioned in a previous post. Also possible we only retest 58k.
Would be a healthy correction if we do reach 52k and I'd expect ATHs after a short consolidation period.
Related publications
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.
Related publications
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.