BTC | Why not a "W bottom"?
Today's BTC 1h time frame analysis. During this week, BTC has a trend of approaching a "W bottom" pattern. We finished the second trough after the FOMC meeting. The price is currently recovering slowly. If BTC can withstand the pressure of the 20k sell-off after breaking the neckline, then BTC is expected to return to the space above Fib 0.382 ($20,832).
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Good luck~☘
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Good luck~☘
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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.