Short
Critical BTC Breakout - Still bearish
BTC is bouncing between critical levels but doesn't seem to have the strength to beat the downtrend overall yet, we are seeing prices try to keep up but not hitting on support and not keeping resistance.
if we breakout here this could be market reversal in my opinion
if we breakout here this could be market reversal in my opinion
Note
RSI also seems to be weak maybe indicating low buying volumesTrade active
Shorting again, downtrend is possibly in effect still as no breakout of the downtrend and little support
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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.