This could be the true time to act for buyers, as the long-term upside potential is still extremely high. We can see how the resistance has become the support, respected multiple times. Either Bitcoin is at the bottom, or we will see a downside breakout with a much stronger downside.
However, probability clearly favors a strong rally potentially starting this week. Nonetheless, the overall uptrend could take months to be accomplished.
However, probability clearly favors a strong rally potentially starting this week. Nonetheless, the overall uptrend could take months to be accomplished.
Trade closed: target reached
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📱 Telegram: t.me/Tradensee
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.