BitcoinShort
BTC/USD
BTC immediately dropped in the 40k support area for the following reasons:
1. The trend index has crossed which indicates the price will continue to fall.
2. Wave Trend is also slightly in the oversold area, in this area the price bounce will be very strong.
1. The trend index has crossed which indicates the price will continue to fall.
2. Wave Trend is also slightly in the oversold area, in this area the price bounce will be very strong.
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.