Bitcoin maybe transitioning from a bearish trend into a bullish one within the coming weeks. Currently the price is bullish from the lower time frames, but may experience a bearish correction aiming for 83k, 81k, and 80k.
As long as price reacts corrects and remains above 80k, the crypto may likely find more bullish pressure to continue rising. Conversely, if Bitcoin stabilises above 85,5-86k, a bullish lens will be favourable.
As long as price reacts corrects and remains above 80k, the crypto may likely find more bullish pressure to continue rising. Conversely, if Bitcoin stabilises above 85,5-86k, a bullish lens will be favourable.
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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.