Given the situation in Ukraine, it is possible that Bitcoin could be corrected to 29,000, and this support is critical to the future of bitcoin and cryptocurrencies. If this support returns the Bitcoin, then it could move towards 75000-94800-118000 as a long term trend. Otherwise it will have another correction to 18,000.
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.