Bitcoin Warning! A correction is in!
Hello traders,
For the last 3 days straight, BTC has displayed red candles, and if the daily or weekly close occurs below the previous ATH (SWB:69K), then a correction is imminent.
As you can observe in this chart, we require a daily close above the 68.5k level to continue the bullish sentiment. If not, then we may anticipate BTC dropping to 62k, where we have a horizontal support line.
Warning: This correction could be severe, potentially reaching as low as -60%.
Do your own research. Not financial advice.
Regards,
Team Dexter.
For the last 3 days straight, BTC has displayed red candles, and if the daily or weekly close occurs below the previous ATH (SWB:69K), then a correction is imminent.
As you can observe in this chart, we require a daily close above the 68.5k level to continue the bullish sentiment. If not, then we may anticipate BTC dropping to 62k, where we have a horizontal support line.
Warning: This correction could be severe, potentially reaching as low as -60%.
Do your own research. Not financial advice.
Regards,
Team Dexter.
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.