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Bitcoin
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Short Term Long BTC/USD

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The market is definitely in a mid-term downtrend. Although I am a bull in the long-term , in the mid-term, I am cautious and see potential for further decline. The overall market is feeling is negative and a lot of weak hands are exiting. Short-term though, the RSI is hitting oversold, and historically , you always get a bounce. Above are 2 scenarios before the further dip. Be cautious, do not invest what you cannot lose.

Be safe out there.
Liquid_Crypto_Trader
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Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
Liquid_Crypto_Trader
Also on:

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.