The recent 'pump' due to Trump's announcement disappointingly only created a pullback to the previous area where a downtrend had already been triggered.
Looks like BTC will continue with the correction down to our next support level which sits at $67,792.
Once BTC gets to this level, we will either see a nice bounce off this support and we can continue higher or it's a possibility that we may continue even lower but will provide an update once we touch the next target.
We've currently down 23% from the top, let's be reminded that we've seen corrections as deep as -51% last cycle which are a healthy for the market!
Looks like BTC will continue with the correction down to our next support level which sits at $67,792.
Once BTC gets to this level, we will either see a nice bounce off this support and we can continue higher or it's a possibility that we may continue even lower but will provide an update once we touch the next target.
We've currently down 23% from the top, let's be reminded that we've seen corrections as deep as -51% last cycle which are a healthy for the market!
Trade ativo
#BTC still on target to $67,792!
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.