Bitcoin continues to build bearish momentum and continues his downtrend. As the next crucial point, the support at around 43k should be broken, which could take us down to 38k or even significantly lower. In the daily, we have also formed a bearish engulfing as the top of the B wave (In the weekly, we also have one), the facts at least speak for themselves.
So it could be a volatile weekend :) wish you good trades!
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.
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.