BTCUSD at key moment still uncertainty
The price has clearly pierced the weekly downtrend line, for my part I show caution with this movement, we must wait until the break is confirmed, I remain neutral in bitcoin, after the break, it is time to wait for a reversal movement, It will be key to see if the price bounces when touching the weekly downtrend line or is placed below, if the price bounces as soon as it reaches this trend line, the bitcoin would get into a new bullish phase, now if the price falls again below average, the downward prospects remain intact, so it is time to be patient and wait.
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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.