1D time frame - Bitcoin has huge volatility in these two days, pumped high and wend back soon. This scenario means bear for most people, but if we take a closer step, Bitcoin is currently on the support zone(27150~27300), which is made of a consolidation on lower time frame. Also, Bitcoin has the probability creating the Break and Retest trend, if getting support well here, we can still aim to higher target(29000~30000)
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.