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BTC breakdown confirmed!
BTC formed a big wedge over a long period of time and we now seem to break down. We got a big retest which is a clear breakdown. The target of this wedge is at 32k.
The wedge is basically bullish because it has a flat resistance. We also formed a double top which is a very bad sign for Bitcoin. Especially cryptos react very hard to double tops. All in all I would say Bitcoin will got down to a range between 25k and 35k.
Have a great day!
The wedge is basically bullish because it has a flat resistance. We also formed a double top which is a very bad sign for Bitcoin. Especially cryptos react very hard to double tops. All in all I would say Bitcoin will got down to a range between 25k and 35k.
Have a great day!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.