Bitcoin is failing to hold its new highs and should see a correction. It is too soon to tell how far it will go, but the big support area seems to be around $2250. I'll post updates on how to trade it as it progresses.
Note
A dip into one of the red zones* Then a bounce up into the greenNote
ERRRR my tradingview display is screwed up, let me re-post that chart.Note
Looks like that bounce came a little earlier than I expected. Target still around 2250Note
New target. I think we are going down to the lower red box. Looking at a potential dump to $1850 or lowerDisclaimer
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.
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.