Bitcoin H&S
What we're seeing here is a Bitcoin head and shoulders. That means some more downside on BTC. It was clearly that after we broke the neckline at around 60K we went down hard.
I think that we can go down some more.
But to be honest, I'm preparing to get back in again when the RSI will hit the lower band. At around 55-53K.
I think that we can go down some more.
But to be honest, I'm preparing to get back in again when the RSI will hit the lower band. At around 55-53K.
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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.