Bitcoin appears vulnerable to further losses after bearish wedge break to start the week
Rising popularity in other cryptocurrencies may have begun to eat away at Bitcoin’s popularity
Initial support might reside at $50,000 followed by the coin’s recent swing lows
Looking to go short after we close below neckline
Rising popularity in other cryptocurrencies may have begun to eat away at Bitcoin’s popularity
Initial support might reside at $50,000 followed by the coin’s recent swing lows
Looking to go short after we close below neckline
Trade closed: target reached
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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.
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.