Bitcoin is in a downtrend channel on the 4H timeframe.
Next target is into the next major support demand zone at area 50k-52k.
Next target is into the next major support demand zone at area 50k-52k.
Note
At that area a reversal may occur and buy opportunity for next highs.
Related publications
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.
Related publications
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.