Hello Traders!
As risk tone leaning into risk off which favours the safe heaven currencies like jpy,chf,usd a potential break to the downside is likely to occur for Bitcoin.
I labelled a huge head and shoulders in my previous analysis that is activated is we break and close below the pink line.
When we had the last covid market crash BTC was at 3500.
New lockdowns, covid cases, in the recent news.
Have a great day!
Be safe.
Vitez
As risk tone leaning into risk off which favours the safe heaven currencies like jpy,chf,usd a potential break to the downside is likely to occur for Bitcoin.
I labelled a huge head and shoulders in my previous analysis that is activated is we break and close below the pink line.
When we had the last covid market crash BTC was at 3500.
New lockdowns, covid cases, in the recent news.
Have a great day!
Be safe.
Vitez
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
