the bitcoin price decrease slowly but steadily since days. I am expecting a shakeout soon to generate panic and kick many traders out of the market. I expect a drop to $ 2900 where the next support is. From there, open a long position. If the support at $ 3200 hold again we can assume a double bottom or in general bottom building at around 3200 $
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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.