BTC/USD
Bitcoin loses the 1hr time-frame uptrend after breaking this key upward trend-line support and closes below 50MA.
Our target to the downside is between 0.5 - 0.618 Fib levels which coincide with previous resistance and has the potential to turn into the new support zone.
Bitcoin loses the 1hr time-frame uptrend after breaking this key upward trend-line support and closes below 50MA.
Our target to the downside is between 0.5 - 0.618 Fib levels which coincide with previous resistance and has the potential to turn into the new support zone.
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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.