Bitcoin
Updated

No Bitcoin Short-Term Recovery? Yes Recovery! Patience is key

2 156
While now it is easy to see Bitcoin going lower, at the moment that isn't the case.

We are still trading above our local support, around $27,777 on this setup.
This is marked with light blue and red dashed lines on the chart.

As long as Bitcoin stays above these levels, we expect a short-term bounce to around $34,000 to $38,000...

If Bitcoin moves and closes below our support, then look at the red arrow... That's how it goes.


We are patience.
We are grateful.
We are light!
We are love!

Thanks a lot for your continued support.

Namaste.
Note
Our recovery is happening!

Enjoy the ride!

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.