trend line
Note
possible support at 5500 on technicals. fundamentals point towards a btc rally over the next 2 weeks based on everyone wanting their segwit2x coins. i think we'll re-test the trend line and then rally. failing that, we'll probably fall to 4900-5k, as thats where the next psychological support level is (5000 is a nice round number)glhf, im hodling this one out, just chilling on my alts. if btc rallies, thats great - 80% of my portfolio is there. if not, then i should make a bit on alts
Note
no retest, just bounce. should be a good weekNote
New highs, trading sideways within a channel right now. Looking for one more squeeze up to a fresh high, and then a retrace down to 6k, which should be the new support
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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.