Bitcoin battle for 50k will be glorious one way or another
My bias is down big first before going higher down the road. This looks like a resetting of the bearish trend to me.
If 50k fails and dips, then the big pictures looks like we are making a right shoulder and the bear trend would continue back to test 30k. I could be massively wrong and BTC goes all the way to highs. 50k is the line in the sand. Let the price discovery battle rage on.
Disclaimer: I know nothing and cannot predict the future. Listening to me will lose you money.
If 50k fails and dips, then the big pictures looks like we are making a right shoulder and the bear trend would continue back to test 30k. I could be massively wrong and BTC goes all the way to highs. 50k is the line in the sand. Let the price discovery battle rage on.
Disclaimer: I know nothing and cannot predict the future. Listening to me will lose you money.
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.
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.