Bitcoin was first rejected at the strong $50k resistance and is yet to test a strong support. The trend line as shown on the chart has been broken down and retested. Bitcoin will go down from here to $43k - 
42K before it gets up to 
54K and then beyond to a new ATH. We may not ever see Bitcoin below $40k again.
42K before it gets up to 54K and then beyond to a new ATH. We may not ever see Bitcoin below $40k again. 
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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.