I see that Bitcoin drop until level o $35k. But that was because today we have that China it's attacking the Bitcoin mining in Shihuan, China. That will be a bad news. But just the only that I have in my technical analysis it's that Bitcoin could to form this chartist pattern. Now, I will no going to trade Bitcoin and closed up my long position. Just my only long position it's in Tezos based in Daily and weekly analysis and Cardano based in Daily perspective. But now, I know that the top cryptocurrencies are consolidating. Now, I do not going to trade BItcoin until make any break out. Remember that BItcoin was in the simetric triangle and break out this chartist pattern, and it's supposed to entry around to $37k level to long position, but today, Bitcoin invalide the simetric triangle. Now, what I mean to say for you it's that Bitcoin could to form an ascending triangle that it's in formation.
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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.