Bitcoin will hit lower trendline (Trendline B). There is a rising wedge formation on the weekly bitcoin chart. You can google what it means. We have completed retesting that rising wedge and will see lower prices soon. My target is 20k minimum. Ultimately will hit that lower trendline. Volume is on downtrend, which is also a bearish indicator. If the lower trendline B is broken, that will lead to way lower price. But I do not think there will be a breakdown of Lower trendline B. We will see what happens when it hits the lower trendline B.
This is not a financial advice. Do your own research before investing.
This is not a financial advice. Do your own research before investing.
註釋
This is a repost of my June 16, 2021 Analysis
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。