Bitcoin’s chart looks frosty — I expect a decline toward 83,000.
The red zone on the chart marks the invalidation area, where my plan will be canceled if price reaches it.
I believe Bitcoin is entering a corrective phase, and the market might need a “cool down” before any new rally can start
The red zone on the chart marks the invalidation area, where my plan will be canceled if price reaches it.
I believe Bitcoin is entering a corrective phase, and the market might need a “cool down” before any new rally can start
Trade active
Friends, Bitcoin entered its downward phase quite a while ago.As I mentioned earlier, the trend remains bearish, and my target still stands —
I’m expecting BTC to reach 83K and even lower… 👀
Note
New plan invalidation level: 107,300. Note
I’m moving the invalidation zone to 105,465.
6+ years in trading. I read the charts like stories and share the ones worth telling
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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.
6+ years in trading. I read the charts like stories and share the ones worth telling
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.