Bitcoin long idea on monthly chart
This is one of the strongest rejections BITCOIN PRICE HAS HAD IN THE LAST 5 YEARS. This is the strongest signal in the last few months, and the next candle should be a candle with quiet a lot of strength on the monthly. Bitcoin plummeted from 65,000 all the way to 30,000 in less than 1 month, and rejection of 30,000 is very significant area for Bitcoin. Will watch the price action develop and it usually does, even tually
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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.