It seems that BTC had a nice bullish start for the day, and it seems very promising.
Those two blue lines should be the local support areas for the short term. Going below these, I can expect that it will be stuck in the long channel.
However, that channel it's in can be a little risky, and it seems bearish for the short term. Let's hope it goes above this channel and turns bullish as well!
Overall outlook is still bullish on BTC on a larger time frame.
Those two blue lines should be the local support areas for the short term. Going below these, I can expect that it will be stuck in the long channel.
However, that channel it's in can be a little risky, and it seems bearish for the short term. Let's hope it goes above this channel and turns bullish as well!
Overall outlook is still bullish on BTC on a larger time frame.
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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.