Jefe

BTC Moon Dream Dead Below $8k

BITSTAMP:BTCUSD   Bitcoin
Bitcoin has to remain above $8k for the bullish case to hold any significance. If we see a break below the ascending channel, forget about the moon dream. BTCUSD will not be rallying towards a new yearly high in that case. Quite to the contrary, it will be heading towards a new yearly low which I expect to be sub $3k.

LEARNING NEVER STOPS.
If you liked this idea, please give it a thumbs up. Follow for more. Good luck! :')
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.