Our bias for Bitcoin still remains the same. We are aiming for the upper boundary of the rectangular box that the price is trading within. As it can be inferred from the chart, the price has formed a Head&Shoulders pattern and is now dropping. We are expecting the price to keep falling till the major zone of support. Afterwards, we will be opening BUY positions and aiming for the Target identified on the graph.
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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.
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.