#BTC is down 21.60% from the recent top of 25k. It was a much-needed correction. The question is whether we will hold the .618 level which is around $19180. 20.8k is important weekly support too. I think it's not wise to open short here. it is time to look for long opportunities in the short term. I have started accumulating longs on LTC ETH and other big caps.
INVALIDATION:- Daily Close below $18889
DYOR, Not Financial Advice.
Do hit the like button if you like it and share your views in the comment section.
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.