Today's close will decide a lot. below 30k will be an extremely bad sign. The bulls are fighting hard to reclaim and stay above 30K but the red candles and the volumes associated with those tell another story. I feel that we will go further down after a mini bounce.
Food for thought: If everyone is hoping for 24K, do you think it will go to 24k?
Is this mini bounce from 28.5k to 31k a bear trap?
Food for thought: If everyone is hoping for 24K, do you think it will go to 24k?
Is this mini bounce from 28.5k to 31k a bear trap?
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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.