Bitcoin Bulls have 30 minutes til the Weekly close
Closing below the bullish trendline confirms the 10% downwards move to retest $50,5
RSI shows room for more downward pressure ahead w/ the close below the Bull Market Support Band
If $50,5 doesn’t hold, it will be a 20% dump to retest $45k
Or 30% to $38,5
As mentioned prior,
BTC will range these levels til September.
NOW is the time to allocate accordingly.
Closing below the bullish trendline confirms the 10% downwards move to retest $50,5
RSI shows room for more downward pressure ahead w/ the close below the Bull Market Support Band
If $50,5 doesn’t hold, it will be a 20% dump to retest $45k
Or 30% to $38,5
As mentioned prior,
BTC will range these levels til September.NOW is the time to allocate accordingly.
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.