Hello Traders. I know most people think Crypto is about to make a major rise right now, but I'm seeing a few Bearish sentiments that say other wise. Bitcoin recently lost some bullish momentum testing some MA's and a Daily Zone. After recent bearish engulfing, price failed to rise back above a few key levels including the median of the engulfment. I predict a bleed out towards the Daily Pivot Point. If close under that occurs, I predict more bearish movements to the downside near my -61% Fib Level. It is possible for Bitcoin to dip back under $10,750, but no guarantees on that yet.
What Are Your Thoughts On Bitcoin??
All Likes & Comments Are Appreciated!
What Are Your Thoughts On Bitcoin??
All Likes & Comments Are Appreciated!
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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.