Last weekend we almost perfectly hit the 0.5 retracement @1190$, it is very likely that the uptrend now came to an end. A drop to 8200$ could be right around the corner, however a detour to 11500$ is still possible. Stay tuned and manage your risk, don't underestimate this market.
I will watch BTCUSD very carefully in the next few days and will announce a SHORT if possible.
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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.