Bitcoin
Short
Updated

BTCUSD-Coinbase Euphoria does not last long, BTC on a Downtrend?

185
Hi,

Based on my 4H chart analysis, BTCUSD is moving on the downtrend line. This has been the second bounce on the trendline.

The Bitcoing enjoyed the bullish movement on the brink of the coinbase IPO. However, the euphoria might not last lost, as BTC could experience a correction here.

Happy Trading!
Trade closed: target reached

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.