Hello, my opinion is that Bitcoin is very oversold on the smaller time frames and can bounce from here, but it has massive rezistance at 6000-6400 lvl and it should have massive suport at 200 Weekly MA, if the MA breaks then next support should be around 3000-3500.
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.