Bitcoin is rejecting from $48000 again.
BTC forming a symmetric triangle and now near the lower support line.
It needs to bounce from this support line and follow the path shown. There is still some room for the decision time.
A 4H candle close below $45300 will invalidate the triangle and we see downward movement.
BTC forming a symmetric triangle and now near the lower support line.
It needs to bounce from this support line and follow the path shown. There is still some room for the decision time.
A 4H candle close below $45300 will invalidate the triangle and we see downward movement.
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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.