I've been watching this for a while and it doens't take much in the way of analysis to conclude that BTC is struggling at the moment. All those 'BTC at X-dollars by some point in the future' claims, made by individuals in the public eye, individuals with an agenda, are, frankly, manipulative nonsense. BTC attracted vast amount of money during last year because it's price was rocketing, today it's price isn't rocketing, what is there now which might attract vast amounts of money to flood in again? I suspect that bulls are loosing steam and I'm inclined towards BTC exploring lower levels, however, as ever, markets do what markets do. Plan for many eventualities because other people may have other plans.
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.