We have two scenarios for the expected movement of Bitcoin on the 4-hour timeframe. The critical level we have now is 66,600. Staying above this level and breaking the downward trend will lead us to target the last peak again or get close to it. The other scenario is failing to break the trend and resuming the correction to the 62,500 level, from which we might see a good rebound.
ALSEIF
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ALSEIF
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.