Short

BTC/USD is looking for support

Updated

Based on latest S/R and Fib our next support levels will be 37k --> 30k --> 20k.
The price action looked similar to June 14' correction so it will be interesting to see if history will repeat itself.

Note

We are on track, this is healthy flushing of derivatives stocks, none of them can track BTC successfully ever.
There is only one real Bitcoin

Note

I expected the down turn to come earlier but I believe we are close to bottom

Note

I was a bit early in my analysis but pretty close

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.