BitcoinShort
BTC trend analysis
*Not financial advice just an idea*
The previous drawdown of ~50% looks like a textbook intermediate trend, with the continuation of the primary breaking the ATH. A potential scenario could involve the formation of a new primary trend, and possibly the signal the start of a new bear market.
The previous drawdown of ~50% looks like a textbook intermediate trend, with the continuation of the primary breaking the ATH. A potential scenario could involve the formation of a new primary trend, and possibly the signal the start of a new bear market.
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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.
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.