~ Since BTC breakdown on its trenline support and currently on a consolidation phase this can form a Head & Shoulder pattern and soon a potential breakdown
~ Once 38,500 support line was broken this can potentially go down to it's next support at 35,000 which is it's previous support
~ Also this can be affected by FED hike interest rates to fight inflation on March 15-16
~ What are your thoughts?
~ Once 38,500 support line was broken this can potentially go down to it's next support at 35,000 which is it's previous support
~ Also this can be affected by FED hike interest rates to fight inflation on March 15-16
~ What are your thoughts?
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.