Bitcoin needs a correction
Updated
Bitcoin seems stucked at the 42k resistance. 41400 support barely holds and looking at the smaller timeframe chart patterns I think a small dip is likely to around 40500 before it can go higher.
Note
A deeper correction to around 39500 is also possible, we will see.
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.