If BTC doesn't overcome this trendline, it would be reasonable to expect a potential retracement. If BTC can overcome and close above the trendline, I would review this move as a sign of a reversal from its current downtrend.
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.