I can see on my weekly chart that bitcoin may have exhausted the first rise up and is setting up for a possible pullback, I see a hidden bearish divergence forming here at this time, with so much going on in Iran also a pullback to 70k areas or even 68k is not out of the realms of possibility, I would say 68k would be the next bottom before the next rise up which would be around 85k marker
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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.
