Updated
Bitcoin at Monthly Support: Breaking or Bouncing
Bitcoins has arrives at Price Origin Point where it launched its uptrending move. It turns to be Monthly Support as well. Will price takes this low or bounce from here. Interesting to watch!!!
Note
Bear eventually, breaks Monthly Support. This invalidates bull move to 69.000 This week bear breaks the monthly support tho not with a full body but still it's valid.
What next??
Will be bear likely to reach 20.000? Obvious target is 20.000. How bear will reach that price target? Nobody knows but for sure, there is no any signal yet bear is retracing.
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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.