A Bitcoin long idea
The descending broadening wedge shown on the chart is a sign that the selling of Bitcoin has been slowing down, and there is a chance for a temporary reversal. I also think there is a support around 24300, so if the price dips to that level, it can be a good entry for a long position with a target 28000 and stop loss: 22500.
Note
Price didn't reach entry, so I consider this idea invalid.
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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.