I think bitcoin is in great zone to see a bounce as a lot bearish sentiment propagates and we just close a monthly candle which is looking terrible (I didn't discuss this in this short video)
Overall orderbooks still looking strong for Bitcoin the mainly only problem is the weakness coming from the altcoin market that could unfold massive losses in the coming weeks.
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.