11021992

BTCUSD: My view for this week

Long
11021992 Updated   
BITSTAMP:BTCUSD   Bitcoin
Hey traders,

On the BTCUSD we can see that price has broken the red trendline - after nearly hitting the $ 5.000 value - indicating a downtrend may begin for now.

For more of my thoughts on the Bitcoin, check out my weekly outlook in the video in the description!
Comment:
Reversing from exactly the $4000.
Comment:
Going pretty much as expected so far!
Comment:
Let's see what happens next.. Dropping pretty hard right here.
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.