Bitcoin

Is Bitcoin going back to $5656?

268
There's an uptrend for 14 days. However, $5656 is a daily support (previously resistance) and broken but not re-tested. There's no 100% probability of this pattern but still there's a high probability that broken levels are tested at least once before the move. In case this trend breaks, Bitcoin can test $5656 or even go lower.

I am going to update this post accordingly.

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.