BitcoinShort
Bitcoin down to 4000 usd?
The most probable thing is that we are starting a corrective phase in the bitcoin that can direct us to the 4000 usd as a purchase opportunity. All the indicators describe a very extreme bullish movement that needs a correction, the candle that has left us in weekly is highly bearish and cohincides with a new bearish directive, it is most likely that the bitcoin corrects towards the 4000 usd, but it could be even less as the weeks go by, a violation of the bullish guideline could lead us to lower levels.
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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.