Bitcoin About To Break Uptrend
What happened to the perfect start in the new week? Yesterday morning, we were about to rip the 70k, and 30 hours later, Bitcoin is about to break below a trend line.
The trend line shows the uptrend Bitcoin initiated at the beginning of July. Certainly, this is not the most crucial trend line. However, a break and close below can certainly trigger more downside potential.
So far, every drop below has been recovered quickly. Therefore, I remain positive and hope BTC will bounce from here and continue its upward trend.
The trend line shows the uptrend Bitcoin initiated at the beginning of July. Certainly, this is not the most crucial trend line. However, a break and close below can certainly trigger more downside potential.
So far, every drop below has been recovered quickly. Therefore, I remain positive and hope BTC will bounce from here and continue its upward trend.
I'm Ben. Crypto lover, trader, and coder.
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I'm Ben. Crypto lover, trader, and coder.
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
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.