BTC is on strong support, and long term trend line .
On monthly MACD histogram there is 7 red bar for every bear trend in BTC history.
If you look at the chart you can see that this is the 7th red bar.
We could see recovery to 35-37k in upcoming months.
If this support doesn't hold, next stop for BTC is 12-14k.
On monthly MACD histogram there is 7 red bar for every bear trend in BTC history.
If you look at the chart you can see that this is the 7th red bar.
We could see recovery to 35-37k in upcoming months.
If this support doesn't hold, next stop for BTC is 12-14k.
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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.