BTC Idea - Retracement
Bitcoin has now broken the ATH and looks to be retracing to retest support. This seems to be indicated with a head and shoulder pattern as seen. The expected technical target retracement is around 53000.
I would still consider this a bull market this is just people taking profit.
I would still consider this a bull market this is just people taking profit.
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.