Hey guys, i this is my prediction for bitcoin. I believe it will drop to my trend support and become a resistance. If it goes below that it would turn into a ranged market and no longer be a trend anymore. Also, once the downtrend is over, it would hit my demand area. I do have some old analytics on this chart, i assumed it would be an uptrend a while ago, but as soon as it went beyond my buy area, i knew it might be a breakout.
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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.