Signs look ok at this point but we need now to break our next resistance target with a solid candle and stay there without falling below that line. Very difficult task in short term to accomplish but I believe in Bitcoin.
UPDATE ON MARKET CORRECTION - from the current state, we can conclude that correction is over at this time. This is not a definitive answer at this point until we begin further breaks in line of resistance but it does look good. If we continue in current state, expect recovery within next week.
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.