As expected, Bitcoin corrected the strong leg up that started last Sunday and confirmed 51-52k as support.
A new leg up can follow this confirmation and bulls can have 60k as a target.
However, a new dive under 50k would spell disaster for bitcoin holders and would confirm a medium-term downtrend
A new leg up can follow this confirmation and bulls can have 60k as a target.
However, a new dive under 50k would spell disaster for bitcoin holders and would confirm a medium-term downtrend
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.