BTC/USD is currently trading on a completely sideways market, very choppy. For now, patience is key.
It might find resistance at Fib retracement levels, first one at ~$6884 and if it breaks through, next one at ~$7000. Even though BTC/USD is forming a symmetrical triangle, it favors the bears and the downtrend continues.
It might find resistance at Fib retracement levels, first one at ~$6884 and if it breaks through, next one at ~$7000. Even though BTC/USD is forming a symmetrical triangle, it favors the bears and the downtrend continues.
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Related publications
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.