s you can see, BTC is approaching a critical dynamic support level that originated from the 25k range. If this support breaks, we could see a surge down to the 52k, or even 48k levels.
Given this potential breakdown, consider avoiding long positions for now. If the support is breached, we'll be looking to set up a short trade targeting at least 60k.
Stay tuned for more updates and precise trading strategies.
Given this potential breakdown, consider avoiding long positions for now. If the support is breached, we'll be looking to set up a short trade targeting at least 60k.
Stay tuned for more updates and precise trading strategies.
Note
more bleeding is in the way
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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.
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.