Bitcoin
Short
Updated

BTC 30% Correction

380
After todays news BTC doesn't seem to be holding well .
With a visible bearish divergence on the RSI and a downward momentum on stochastic its most probable that BTC will return to 70K levels in near term



Trade active
Huge move to the downside is looming .. if $90,000 support doesn't hold target is for sure expected .
Note
BTC has rebounded of the $90,000 level.
A daily close above $107,00 invalidates this idea.
Note
Still active .
Note
Slowly and surely .
Trade closed: target reached
Got close! But closing as is !

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.