In my opinion there is no strength to go up now.
Note
In my opinion many people think that the bubble has popped. They are afraid to buy and they are waiting for even better prices. I think the price around 8000 or maybe even 4000 is the price where we are going to see a significant bounce up. After the price bounces more and more people are going to buy afraid that they will miss out and we may see a new ATH. The second option is: after bouncing from 8000 or 4000 we are SLOWLY going to go up...Note
When we close the 4 hour candle over 12460 we may be a bit safer but im still bearish on bitcoin on during the next days/weeksNote
We are going down.Note
8000 is waiting.Trade closed: target reached
5000$ is waitingNote
We are still going to 5000. this is not the end of the correctionDisclaimer
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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.