The month of December was a range month for BTC, with the price trading between 47 and 52k, more or less.
Although we are near support at this moment, the pressure remains on the downside (or more accurate is to say that there is no buying power), and a breakdown is very probable.
My bearish bias in Bitcoin's concern remains intact and I will look to sell rallies, hopefully around 50k with a target of 42k
Although we are near support at this moment, the pressure remains on the downside (or more accurate is to say that there is no buying power), and a breakdown is very probable.
My bearish bias in Bitcoin's concern remains intact and I will look to sell rallies, hopefully around 50k with a target of 42k
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.