Hello dear friends.
According to the chart and the performance that Bitcoin has shown, it seems that we are in a short-term downtrend.
Bitcoin is expected to move to the resistance of 104,700 and then we will have a rebound.
❗Please note that this is an analysis and the possibility of a reversal is possible.
According to the chart and the performance that Bitcoin has shown, it seems that we are in a short-term downtrend.
Bitcoin is expected to move to the resistance of 104,700 and then we will have a rebound.
❗Please note that this is an analysis and the possibility of a reversal is possible.
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update: The analysis was correct and Bitcoin returned to support after hitting the level. 
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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.