After a fall of 
BTCUSD it looks like to have a great opportunity to recover.
Basically we have just two main scenarios for this instrument:
1. Yellow: so after a pretty severe fall, we have a new wave of interest towards crypto and bitcoin, as a flagman instrument, can be ahead of that. We wait some correction after which the movement can become more observable.
2. Green: in this scenario we can see an attempt to retest the previous bottom, after which it is also probable that the price will reverse.
BTCUSD it looks like to have a great opportunity to recover.Basically we have just two main scenarios for this instrument:
1. Yellow: so after a pretty severe fall, we have a new wave of interest towards crypto and bitcoin, as a flagman instrument, can be ahead of that. We wait some correction after which the movement can become more observable.
2. Green: in this scenario we can see an attempt to retest the previous bottom, after which it is also probable that the price will reverse.
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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.
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.