Get started

Bitcoin (BTC) Short Term Weakness

By preying_mantis
Updated
RSI continues to show weakness for Bitcoin. I think we will see another corrective move to test the 100 day EMA. If that breaks, I expect a test of support where the 200 day EMA lines up with support zone near 40K.
Note
Still waiting on a strong bounce for BTC. I think it could still test 43k.
Bitcoin (Cryptocurrency)bitcoinforecastCryptocurrencyMoving AveragesMultiple Time Frame AnalysisSupport and Resistance
preying_mantis

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.