Bitcoin / TetherUS

BTC ! Time for a BOUNCE BACK ?

As we mentioned in the previous analysis, the strength of the downward trend was so great that the price moved towards major bottoms without any correction.

Now 2 scenarios are possible
The first scenario: Pullback and test to the supply range of 20-21 thousand dollars and the continuation of the fall towards the level of 17 thousand and the surrender phase of the market.

The second scenario is a bounce back and an upward correction up to the $23,000 range, which will be accompanied by a break in the $21,000 area and stabilization above it.

In my opinion, the second scenario is more likely.
Good luck, if you have an idea, leave a comment

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.