As we know, BTC is still in a downtrend. Within this downtrend we see a uptrend channel, bitcoin moved up slowly the past two weeks. In my opinion it has to retrace to build some momentum. The yellow ellipse would be a perfect support line. This is around 9700/10000 dollar. If this support line holds it will consolidate around that price. If it breaks downwards next support lines are 8300/8600 and 7800/8000.
Keep an eye on the next couple of days, BTC could hit a double bottom at 6000 or even lower.
This is not financial advice. If you have any feedback or remarks, feel free to leave a comment.
Keep an eye on the next couple of days, BTC could hit a double bottom at 6000 or even lower.
This is not financial advice. If you have any feedback or remarks, feel free to leave a comment.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.