Bitcoin price is struggling at a major trend line support which hasn't been broken in entire history.
If it breaks from here..we'll see a stright fall to 20k - 12k zone.
In the other hand if it bounces from here as earlier we'll see probably a new ATH.
Considering current market situation, i don't think it will go up this year,
Times are very decisive.
If it breaks from here..we'll see a stright fall to 20k - 12k zone.
In the other hand if it bounces from here as earlier we'll see probably a new ATH.
Considering current market situation, i don't think it will go up this year,
Times are very decisive.
Note
BTC Short @ 35000 is still on & holding it till 19k.A lot of negative news yet to hit the market imo.
FED Interest rates may further be increased in coming months.
As i said earlier, if the major support trend line breaks it'll fall hard & it happened.
23370 $ is just a temporary bounce imo because of Weekly MA 200 level
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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.