Bitcoin has been in a downtrend for some time now with many conversations floating around regarding the beginning of a bear market. The constant 10-15% corrections most weeks after BTC set 67k as its ATH has driven down market sentiment for BTC. RSI indicators on the 4hr and daily time frame show that there is room for BTC to fall down. However, the major indication to me that price will go down further from here is the recent price action.
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.