Get started
dCryptoMartian

BTC

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
dCryptoMartian  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Contains image
1
2
trendanalysis chartpattern containsimage
$BTC has lost the trend.

As per the pattern, the target for Bitcoin price is near around 14K (Bear trend). maybe till the end of 2022 but not sure.

You can trade when RSI on 4h charts falls below 30RSI but avoid holding for long.

An expected retest of channel support breakdown near 38-39K.
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.