I see bitcoin performing in it's overall pattern upwards to a very high level in at the end of May. Todays drop is only an outbreak of its smaller channel within the bigger picture.
If the bit pattern is followed we could fall back to 53K, if not we could see a possible 69-72k to follow.
This is my first idea published as a somewhat NOOB on TA, nevertheless we do our best.
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.