Bitcoin / TetherUSShort
Large Bearish idea for current Bitcoin cycle.
On the Daily chart very noticeable Double Top ~107k. Certainly, short term move towards 93k. Afterwards probably the decision to make that will change the outlook of the next 1-2 years.
$85-86k could mean as first support. Then with the break of it, reaching low 70s and high 60s (~530 day downtrend will be near complete). If it were to continue tumble close to 55k (which I don't think it will), I am personally not going to hasitate for a long time to grab as much as I possibly can.
I'm convinced we'll be more than alright after this big Bear Trend.
$85-86k could mean as first support. Then with the break of it, reaching low 70s and high 60s (~530 day downtrend will be near complete). If it were to continue tumble close to 55k (which I don't think it will), I am personally not going to hasitate for a long time to grab as much as I possibly can.
I'm convinced we'll be more than alright after this big Bear Trend.
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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.