We see bitcoin has been in this down trend and i believe it will continue down for probably the rest of the month at least and go sweep lows and fill some imbalances and keep putting fear in everyones heads before continuing up, we see a few possible places we could see institutions move the market to, and thats an imblance around the 36k mark and then if it keeps shooting down we have the potential to sweep those equal lows down towards 28k but its just thoughts we are seeeing what markets do, i dont like trading bitcoin around these months too much, personally like to wait for data and bulls to really come back in this.
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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.