#BTC Mid term Analysis
Bitcoin dropped hard around 8.5% today, and now is trading around 54000# area. I expect to see a bounce here, This drop was the last wave of Bitcoin correction waves IMO!
Some sideway movements and then move up is expected, Breakout of blue trend line is so important. Also 60000$ is a important resistance to see.
Bitcoin dropped hard around 8.5% today, and now is trading around 54000# area. I expect to see a bounce here, This drop was the last wave of Bitcoin correction waves IMO!
Some sideway movements and then move up is expected, Breakout of blue trend line is so important. Also 60000$ is a important resistance to see.
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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.