Looks like we are heading towards 50000 mark now!
Following the weekly close of the candle which had been below the trendline, we can confirm that the trend has been technically changed now and hence next eminent support can be seen around 50000 mark which is both a psychological level and important demand zone hence plan your trades accordingly.
Disclaimer
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.