BTC Longterm outlook
Using mainly VPVR we can see that there is strong support for BTC at the accumulation zone between $9.5-12k, in a down market this is very plausible as no one would be really buying a risk on asset.
Thoughts?
Thoughts?
Note
We had a bit of a bounce back to retest the descending triangle which can be seen on the LTF. Awaiting to see if we go back lower, still believe that we have yet to see the lows.
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.
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.