What's next on Bitcoin?
Do you need some intuition for BTC? This is my map!
Fear and Greed index shows 13 (Extreme Fear), where previous week it was 23.
The 28k-29k is a great support, yet we could go to 25k as well. I consider it the next strong support. There are two big bearish patterns, a Head and shoulders and a huge double top pattern. Yet I consider the deeps with green boxes, which are higher than the patterns' target. What is going to do is wait for some time and perhaps Buy (Long) on these supports.
I Feel there would be a larger Volume (Sell off or Buys) which will indicate the next move, So just wait for it.
Fear and Greed index shows 13 (Extreme Fear), where previous week it was 23.
The 28k-29k is a great support, yet we could go to 25k as well. I consider it the next strong support. There are two big bearish patterns, a Head and shoulders and a huge double top pattern. Yet I consider the deeps with green boxes, which are higher than the patterns' target. What is going to do is wait for some time and perhaps Buy (Long) on these supports.
I Feel there would be a larger Volume (Sell off or Buys) which will indicate the next move, So just wait for it.
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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.
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.