BitcoinShort
Bitcoin has probably formed a top, 3800 next?
Hello friends, publishing an idea on Bitcoin after two weeks. My previous idea was about selling at 7300 at the Descending Trendline and Upper TL of the Rising wedge.
Fast forward two weeks and Bitcoin has already broken out of the rising wedge.
It also appears to have created a Top. So, the direction in the next few weeks will likely be downwards. I don't expect a sharp drop but a gradual decline.
It will probably correlate with the Major indices as it has been doing for the past few months.
Fast forward two weeks and Bitcoin has already broken out of the rising wedge.
It also appears to have created a Top. So, the direction in the next few weeks will likely be downwards. I don't expect a sharp drop but a gradual decline.
It will probably correlate with the Major indices as it has been doing for the past few months.
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Related publications
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.