BitcoinShort
Bitcoin still falling to $43000
Bitcoin is still on a short term down trend, it is currently still trading around $46000 but breaking support.
I called this from $50000 where I believed it would fall to about $44000
I now believe it will continue falling until at least a high $42000 but around $43000 where it will hit a longer term support.
This is in the near term, after it hits this zone likely to start the new year it may reverse the short trend and return higher.
If it breaks $43000 it may be heading to $37000 like other analysts have said.
I called this from $50000 where I believed it would fall to about $44000
I now believe it will continue falling until at least a high $42000 but around $43000 where it will hit a longer term support.
This is in the near term, after it hits this zone likely to start the new year it may reverse the short trend and return higher.
If it breaks $43000 it may be heading to $37000 like other analysts have said.
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.
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.