Bitcoin Looks Bearish In Long Term
Gann Square shows us that bitcoin has made an increase in each curve support and then recorded a sharp decrease when it goes out of the curve.
This decrease can also be confirmed by the "Stock Rsi" and "RSI" indicator.
According to Fibonacci Retracement our first support $8680, second support which is strong $7270, third $6180, fourth $5050 and last one which is strongest $3500
(I'm not professional analyst, trader or something like that and this is not an investment advice. Please make your investment decisions yourself.)
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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.