Bitcoin is loosing it fizz now and rally may be about to end.
as per chart reading i can see that it is on the resistance levels
and as now world economies are also settling it should be possible that crypto frenzy get no hype and for that Bitcoin may see a down pludge
Possibly for next 2-2.5 Years Bitcoin won't cross the recent highs and may be retesting 72K level or more downside.
Up move will only continue after breaking and closing above this trendline.
as per chart reading i can see that it is on the resistance levels
and as now world economies are also settling it should be possible that crypto frenzy get no hype and for that Bitcoin may see a down pludge
Possibly for next 2-2.5 Years Bitcoin won't cross the recent highs and may be retesting 72K level or more downside.
Up move will only continue after breaking and closing above this trendline.
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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.