Bitcoin VLOG #52 - why double top when you can triple top?!
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Triple top?!
Third time on lower time frames we coming up to this 46.7k mark. Clear resistance, Do we break it?
If we break below a couple of the lower trend lines I have drawn... things could get nasty. If we break 46.7k, I think we could get to 48k to 50k. A lot of the market is long here judging by open interest, which means if there's some sell off, things can capitulate.
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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.