Bottom line on the 200 W
It is definitely a valid opinion to think we will be testing the 200 W. It is not out of the cards but I would suggest keeping an eye out for confirmation just incase this is in fact a huge bear trap which would indicate a massive potential reversal around the 32k to 24k range with a nice wick confirmation if BTC can make it there or passed then I would expect a massive buying opportunity which is why I have a feeling we wont go below 25k-26k but this is not financial advice just based on my stupid knowledge of not forgetting their is a whale game going on......
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.