If Bitcoin can not pass above 21 Weekly in the next couple hours. I'll be looking for a price drop early next week to potentially the $7000 level. Then later in the week we might see a retest of the 21 weekly MA. I think Bitcoin still has a long way to go before another major retrenchment.
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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.