After breaking below support zone (green), Bitcoin will soon be reaching a weak support ascending trend line zone (light blue circle).
Possible scenario, bounce back to the upside after reaching that region ....
Most likely scenario, however, drop down to bottom of channel, convergence with previous bottom
Possible scenario, bounce back to the upside after reaching that region ....
Most likely scenario, however, drop down to bottom of channel, convergence with previous bottom
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.