While I believe it is still possible to target the more global support zone below, a sequence of events like that shown (another smaller push higher before a larger drop) would suggest BTC is on its way to new ATH again.
Conversely, a larger drop from current resistance levels would suggest we still have one more larger leg down to me.
Conversely, a larger drop from current resistance levels would suggest we still have one more larger leg down to me.
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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.