BitcoinShort
BTC breakdown confirmed!
BTC formed a big wedge over a long period of time and we now seem to break down. We got a big retest which is a clear breakdown. The target of this wedge is at 32k.
The wedge is basically bullish because it has a flat resistance. We also formed a double top which is a very bad sign for Bitcoin. Especially cryptos react very hard to double tops. All in all I would say Bitcoin will got down to a range between 25k and 35k.
Have a great day!
The wedge is basically bullish because it has a flat resistance. We also formed a double top which is a very bad sign for Bitcoin. Especially cryptos react very hard to double tops. All in all I would say Bitcoin will got down to a range between 25k and 35k.
Have a great day!
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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.