As we discussed in the previous analysis, we would probably see a pullback to the weekly bullish trendline at the 50 - 52k level.
In the daily timeframe, a pullback was forming, which we confirmed with the closing of the daily candle, from that point on we could look for a short operation (risk / counter trend operation).
The price today until now has dropped 4.90%.
For more detailed information see the complete analysis.
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.