A couple of days ago I made an analysis on Bitcoin and the horizontal consolidation phase it was trading in. I mentioned that little was about to happen inside this range and that we should be patient for BTC to break out of this pattern.
As of recently, BTC been edging lower and lower. Furthermore, it made a new low at $28k two days ago.
It seems that bears are winning this battle. Unless bulls will prove their power in the coming days, I think that BTC will fall towards the capitulation area (blue).
As of recently, BTC been edging lower and lower. Furthermore, it made a new low at $28k two days ago.
It seems that bears are winning this battle. Unless bulls will prove their power in the coming days, I think that BTC will fall towards the capitulation area (blue).
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šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
Publikasi terkait
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.