It is a possibility that bitcoin has to consolidate a little more at this level, to be able to increase parabolically again, it is clear that there is an oversold price, however it may not necessarily indicate a rise in the short term to 9k, since this It would only involve a dead cat. it is better to wait for a consolidation and a closure of the bb to start a bullish movement again.
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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.