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Bitcoin
Short
Updated

Overdue bounce but could happen below the current support level

182
BTC might bounce now at 6,350$ but I expect bitcoin to test the 6,800$ resistance level from a lower level.
Note
It seems like the correction is starting.

And there is room for a short squeeze (see below the volume of short contracts on Bitfinex)
snapshot
Note
Maybe we won't have the correction wave (pink ABC line)
tx512
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Trend AnalysisWave Analysis
tx512
Also on:

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.