We are now at a major resistance for BTC. This is the level which held for months while BTC ran up from 14k and began its drop in June. This is a very important level to break. If we are unable to break it then I believe we have completed this EW count and will start another ABC down to 8500-8600 (estimate).
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.
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.