Bitcoin has possibly formed a widening symmetrical triangle. Bitcoin probably has its Fibonacci support at 37592.22, which is below the lower resistance at the time it hits this price. If you want to play aggressive or speculate on Bitcoin, you can short now and expect it to drop. Otherwise, wait for it to actually reach this price level, retest, and then short.
In short, Bitcoin will decrease to 33793.22.
In short, Bitcoin will decrease to 33793.22.
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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.