BTCUSD - Signals
I have some support levels in this chart based from past tops/bottoms.
MACD and oversold RSI show that a positive bounce is imminent. This will likely be followed by a longer term downside continuation.
I'm expecting some alts to pop significantly on this bounce.
Summary: short term bullish (1 month), medium term bearish (2-4 months), long term bullish(6 -8 months+).
Fib retracement zones show that BTC has retraced 70% since its ATH, there's still room for a deeper correction.
MACD and oversold RSI show that a positive bounce is imminent. This will likely be followed by a longer term downside continuation.
I'm expecting some alts to pop significantly on this bounce.
Summary: short term bullish (1 month), medium term bearish (2-4 months), long term bullish(6 -8 months+).
Fib retracement zones show that BTC has retraced 70% since its ATH, there's still room for a deeper correction.
Note
Saw this analysis online today, I https://agree.https://www.ccn.com/bitcoin-price-to-bottom-at-5700-in-short-term-but-recover-analyst/amp/
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.