Based on the current price action, it appears that BTC may have reached its peak for the time being. A retracement to the $76,000 level seems likely.. At that point, the odds favor a continuation of the bullish trend. However, if that level fails to hold and support does not form, the door may open to even lower prices.. Time will tell!
Trade closed: stop reached
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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.