Bitcoin BTC/USD: Long then Short
Currently trading @ $39300
We expect Bitcoin to be bullish from here on and test support/resistance @ 42,000 & $46,000
before falling back to $30,000
Do note, Bitcoin is approaching a major support-trendline, if it treats it as support again we'd
expect it to confirm our bullish expectation
But if it trade below this line we'd expect it to touch $30,000 first before turning bullish
We expect Bitcoin to be bullish from here on and test support/resistance @ 42,000 & $46,000
before falling back to $30,000
Do note, Bitcoin is approaching a major support-trendline, if it treats it as support again we'd
expect it to confirm our bullish expectation
But if it trade below this line we'd expect it to touch $30,000 first before turning bullish
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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.
Related publications
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.