The recent 'pump' due to Trump's announcement disappointingly only created a pullback to the previous area where a downtrend had already been triggered.
Looks like BTC will continue with the correction down to our next support level which sits at $67,792.
Once BTC gets to this level, we will either see a nice bounce off this support and we can continue higher or it's a possibility that we may continue even lower but will provide an update once we touch the next target.
We've currently down 23% from the top, let's be reminded that we've seen corrections as deep as -51% last cycle which are a healthy for the market!
Looks like BTC will continue with the correction down to our next support level which sits at $67,792.
Once BTC gets to this level, we will either see a nice bounce off this support and we can continue higher or it's a possibility that we may continue even lower but will provide an update once we touch the next target.
We've currently down 23% from the top, let's be reminded that we've seen corrections as deep as -51% last cycle which are a healthy for the market!
Dagangan aktif
#BTC still on target to $67,792!
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.