Click the chart below to see history!**
BTC on the weekly is posting a very specific type of candle that indicates a trend change, and I am not calling for extreme bullish sentiments, but a modest rise to $30k with the next two weeks.
In my previous chart below, I called out the drop for BTC which was necessary due to exhaustion, this is a very old chart I have that is running for a long time with those Fib levels. That fib level of 1 is a very strong reversal level. This is where BTC is bouncing off from, and I am expecting short term bullish movement for the summer at least.
BTC on the weekly is posting a very specific type of candle that indicates a trend change, and I am not calling for extreme bullish sentiments, but a modest rise to $30k with the next two weeks.
In my previous chart below, I called out the drop for BTC which was necessary due to exhaustion, this is a very old chart I have that is running for a long time with those Fib levels. That fib level of 1 is a very strong reversal level. This is where BTC is bouncing off from, and I am expecting short term bullish movement for the summer at least.
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.