Bitcoin / TetherUSShort
Potential short opportunity area for BTC
While Bitcoin continues to hold its uptrend channel, I see a potential short opportunity in the near term. Currently, BTC is holding the middle of this channel, and I believe it's possible for it to retest the Fair Value Gap (FVG) at $32,677.
Interestingly, this FVG level also coincides with the 0.5 Fibonacci retracement level, adding further significance to this price point. In the past, Bitcoin has shown a tendency to reject from this value, which could indicate a potential reversal or pullback.
Interestingly, this FVG level also coincides with the 0.5 Fibonacci retracement level, adding further significance to this price point. In the past, Bitcoin has shown a tendency to reject from this value, which could indicate a potential reversal or pullback.
Daily trader with PA and FP
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Daily trader with PA and FP
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.