While I'm very bullish with Bitcoin on the mid and long term I think there's still room for one final move lower be set in.
I'd expect a short lived bounce at my first target before resuming the downtrend to target 2.
Any 4 hours candle closure below the prior low should precipitate bitcoin to it's second target.
I'd expect a short lived bounce at my first target before resuming the downtrend to target 2.
Any 4 hours candle closure below the prior low should precipitate bitcoin to it's second target.
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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.