Indeed, Bitcoin's price has stabilized, but this doesn't mean bullish at all, my medium-term my view remains unchanged, strongly bearish...(don't shoot me, is only my opinion)
Looking at a short time frame chart (h1 in this case) we see that BtcUsd has found a base in the 47k zone, so, in my view, there are 2 scenarios from this point
1. BtcUsd will have a new leg up, and this can extend to the 53.500 zone. And this is my preferred one giving me a good price for my sell short trades
2. The second, a direct break and drop to 40k zone. And if we look closely at the posted chart we can see that we are in a descending triangle pattern. This scenario is, in fact, the most probable one.
In conclusion, for me things are clear, as long as Btc is under 53.500, is bearish, and the bullish scenarios are only wishful thinking
Looking at a short time frame chart (h1 in this case) we see that BtcUsd has found a base in the 47k zone, so, in my view, there are 2 scenarios from this point
1. BtcUsd will have a new leg up, and this can extend to the 53.500 zone. And this is my preferred one giving me a good price for my sell short trades
2. The second, a direct break and drop to 40k zone. And if we look closely at the posted chart we can see that we are in a descending triangle pattern. This scenario is, in fact, the most probable one.
In conclusion, for me things are clear, as long as Btc is under 53.500, is bearish, and the bullish scenarios are only wishful thinking
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相關出版品
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。