I think the BTC maybe has prepared three scenarios for us: 1. the price rises from here and breaks the 48000 resistance. 2. the price tests the 42597 again and fails to break it. I expect the price drops to 40600 again and after that the market starts a new bullish wave. (more possible) 3. the 40600 support does not work and the price drops more and more.
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.