BTC reached the bottom of the downward channel and we can see it bounce back up. Price will go up for now, but keep an eye on it when it reaches the upside. The correction might not be over and there might be another leg down.
Note
RSI oversold as well
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.
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.