Technical Analysis and Outlook:
Bitcoin losses widened since last week after completing Outer Coin Dip $42,500 and Key Sup $40,700. The current course designates a down path to the next Outer Coin Dip $40,000 - thereby pending confirmation with BARC (Proprietary symbol- Not shown) the BTC is bound to rebound to our Mean Sup $47,700, and beyond.
Bitcoin losses widened since last week after completing Outer Coin Dip $42,500 and Key Sup $40,700. The current course designates a down path to the next Outer Coin Dip $40,000 - thereby pending confirmation with BARC (Proprietary symbol- Not shown) the BTC is bound to rebound to our Mean Sup $47,700, and beyond.
Note
Nailed it
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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.