This analysis is an update of the analysis you see in the "Related publications" section
Read the analysis carefully
Given the loss of the trendline, Bitcoin stalling, and decreasing momentum, the previous Bitcoin analysis needed to be updated.
If Bitcoin fails to make a valid breakout above the yellow line at $116,520 and does not sustain above it, a bearish scenario will emerge, and the price will drop significantly
A bullish outlook toward the supply zone shown on the chart above is only valid if Bitcoin executes a confirmed breakout above $116,520.
So stay alert and follow the chart closely.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Read the analysis carefully
Given the loss of the trendline, Bitcoin stalling, and decreasing momentum, the previous Bitcoin analysis needed to be updated.
If Bitcoin fails to make a valid breakout above the yellow line at $116,520 and does not sustain above it, a bearish scenario will emerge, and the price will drop significantly
A bullish outlook toward the supply zone shown on the chart above is only valid if Bitcoin executes a confirmed breakout above $116,520.
So stay alert and follow the chart closely.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
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Publicações relacionadas
Aviso legal
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.
✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Publicações relacionadas
Aviso legal
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.
