Bitcoin formed an ending diagonal which is in this case is a topping pattern with first target 22,220 and then will highly possible go to 20,820. because usually the first target for any ending diagonal is it's base which in this case is 22,220. And if it drop to 20,820 and that level didn't hold, then watch 19,600 for a real test for the drop.
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.