Bear market channel forming.
Chance of going to $30k, $40k, previous ATH... it is possible, just don't hold your breath.
Troubling news for the markets coming. Inflation, China, whatever. Something will trigger a sell off in the markets, and BTC will sell off as well.
RSI and MACd showing real weakness. No one in the mood to buy risk assets.
All of this, IMO.
Best of luck trading. Be patient.
Chance of going to $30k, $40k, previous ATH... it is possible, just don't hold your breath.
Troubling news for the markets coming. Inflation, China, whatever. Something will trigger a sell off in the markets, and BTC will sell off as well.
RSI and MACd showing real weakness. No one in the mood to buy risk assets.
All of this, IMO.
Best of luck trading. Be patient.
Note
My timeline was off (per usual), but I mean.... hard to be perfect ;)
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.
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.