Bitcoin / TetherUS
Long

Could this be the end of Bitcoin’s trend?

190
The Current State of Bitcoin’s Trend: Has the Uptrend Come to an End...?

Based on recent analyses, Bitcoin has exited its 4-hour channel over the past few days, and there is still a possibility for further correction. However, this does not mean that the uptrend for Bitcoin is over.

My targets for Bitcoin remain the same as before: 123,700 and 129,710. It’s even possible that we might see a wick above these prices.

For those with more capital who are looking to buy Bitcoin, there are two good entry levels:

110,880
109,770
Everything else is clearly shown on the chart. Please be cautious, as there will likely be high volatility once the market opens.

Be sure to open the analysis link and boost the analysis with your likes.

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.