Bitcoin is Bearish.!!!
After breaking the trend line, it got a resistance from 46k level which is also a 38% fib retracement area. If we are breaking 40500 level, we may retest the trend line which is 34500-35000 level. it will be invalid if we get a closing above 47k.
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.