Top-down analysis says macro trend remains strongly bullish.
I added the fundamental bad news that happened last week to the chart, here we can see they drove the price down but buying sentiment remained strong and the price is consolidating strongly above the 53k level from which I predict a bullish breakout to reach the previous ATH at 63.8k
I added the fundamental bad news that happened last week to the chart, here we can see they drove the price down but buying sentiment remained strong and the price is consolidating strongly above the 53k level from which I predict a bullish breakout to reach the previous ATH at 63.8k
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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.