Still hope for BTC, I guess
So BTC closed below 20K and bounced back above the next day. Last daily bar is a red doji, but that's ok. That just means the price closed lower than it opened but only just, since the candle body is tiny. But the fact that it closed somewhere between two support levels is great. Price is also inside the Bollinger bands. This MIGHT be the best buying opportunity for BTC for the foreseeable future. I suspect Juneteenth had something to do with the weak price action on BTC after that recovery. Just a reminder: THE DOWNTREND IS STILL NOT BROKEN. But we'll see...
Related publications
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.