bitcoin forming some kind of rounding top pattern
very clear S/R level that will determine new ATHs, or a pulldown to the low 40k levels, possibly looking for a real backtest of the 31k level. Break of this powerful support level at 52k will significantly reduce the chances for a strong bull. 52k must hold for easy long positions to maintain. A break of this level offers no real support till 42k, and 31k next.
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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.