Updated bitcoin analysis. I'm very bias on cryptos in general which makes bitcoin for me more difficult to trade then forex, but I do see price falling into the 53k range before moving up. Weekly bias+ daily market structure with the breaker+fvg is giving me a bullish bias here. I dont see it dropping below 50k. Many orders should be waiting at my Poi to take price into new highs. November+december are also historically bullish months for crypto so I dont see a major crash like we did in May.
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.