Get started
Bitcoin

Could BTCUSD see 5k soon?

By FXcode
Updated
Although we have broken resistance of the bearish channel, Bitcoin tends to have reversals when forming a doji candle at the end of a trend. Also we have RSI divergence on the daily chart. I'm staying neutral until we either move higher or we break back through the bearish channel support.
Note
Price has fallen back into the bearish channel. What will happen next?
BTCBTCUSDTrend Analysis
FXcode

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.