Hello everyone!
As we all witnessed,
BTCUSDT experienced a sharp drop following Trump's announcement of new tariffs starting June 1st on all European Union. The big question now is: is this the end for Bitcoin, or just a temporary dip?
In my opinion, BTC is likely to move as follows:
It will retest the long wick on the 1-hour chart, which previously bounced from a 1-hour Fair Value Gap (FVG), and then continue its upward movement.
Don't worry, everyone, BTC remains very strong!
As we all witnessed,
BTCUSDT experienced a sharp drop following Trump's announcement of new tariffs starting June 1st on all European Union. The big question now is: is this the end for Bitcoin, or just a temporary dip?In my opinion, BTC is likely to move as follows:
It will retest the long wick on the 1-hour chart, which previously bounced from a 1-hour Fair Value Gap (FVG), and then continue its upward movement.
Don't worry, everyone, BTC remains 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.
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.