BITCOIN daily time frame analysis
right now bitcoin is on a trendline support and has been respecting it for quite some time and if you decide to buy it make sure to have a tight stoploss as there is a possibility itll fall beyond 48k because of bidens 39% tax gains . at 48k theres a huge support which is also where the 61.8 fibonacci is also located and btc might support here for a bounce back. and if it manages to break that itll fall to 36k and that will be a halving meaning buy as much as you can if u missed the halving ull understand what i mean ..all the best guys.
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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.