We have seen pullbacks like these before as I have mentioned in the chart and every time pullbacks occur people start to panic and think it's a start of a new bearish trend. I think there is an 80% chance that this is a pullback and there is a 20% chance that this is a start of a new bearish trend for BTC
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.