Greetings! Bitcoin has consolidated below the $17,300 resistance level. The variant of development is shown in the graph. I believe that we will continue to go down for now. But oddly enough, I think it's good. Since this is a correction after which the growth will be even stronger. Don't compare this year's situation with 2017. Now the only question is where we will stop. So far, the goal is $16,000, but we can go lower. The minimum target I see is $12,000. But most of all the truth will be somewhere in the middle. Therefore, at $14,000, Bitcoin can be bought back long again.
If you like my ideas, please click the "Like" button. I'll be glad. Have a nice day and let the profit be with you!
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.