This analysis is an update to the analysis you can see below in the "Related Analyses" section.
Bitcoin remains bearish in our view.
After sweeping the marked liquidity pool on the chart, it made a bullish move, but the overall trend is still bearish.
From the marked area, it can move toward the demand zone lower on the chart.
A daily candle closing above the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Bitcoin remains bearish in our view.
After sweeping the marked liquidity pool on the chart, it made a bullish move, but the overall trend is still bearish.
From the marked area, it can move toward the demand zone lower on the chart.
A daily candle closing above the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Trade closed: target reached
Our bearish outlook on BTC was correct, and the price dropped over 11% from our marked zone.We will update this chart in our next analyses.
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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.
🔥 See hot signals and top analyzes on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
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.