BitcoinLong
Bitcoin #BTCUSD - we going down to $5,920?
Both levels have already been compromised and the price droped towards local support at $ 7,233.
Despite the potential end of the C wave of the ABC irregular correction in the alt: 2 wave, there has not been seen any demand from the demand side yet.
Therefore, the price will most likely fall to the level of the previous $ 5,920 support, unless the bulls find enough strength to break out of the channel.
Despite the potential end of the C wave of the ABC irregular correction in the alt: 2 wave, there has not been seen any demand from the demand side yet.
Therefore, the price will most likely fall to the level of the previous $ 5,920 support, unless the bulls find enough strength to break out of the channel.
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.