Here we are looking at Bitcoin (XBTUSD) on the 1H timeframe (Short-term).
Prices for Bitcoin (XBTUSD) can drop (red arrows) before moving up (green arrows).
Multiple scenarios are drawn on the chart.
Where do you think Bitcoin is headed short-term?
Share with us in the comments section below.
Namaste.
- Prices are moving lower within a broadening falling wedge.
- Trading volume is still low so this move is yet to develop.
- The indicators are trending down/lower (RSI and MACD).
Prices for Bitcoin (XBTUSD) can drop (red arrows) before moving up (green arrows).
Multiple scenarios are drawn on the chart.
Where do you think Bitcoin is headed short-term?
Share with us in the comments section below.
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.