As you can see on the technicals, price has responded to the weekly bearish poi, causing price on the daily to break the structure, making us also bearish on the current price action. I was able to mark a daily poi which is also in the discount zone where I want to look for a buying setup on bitcoin. In the longer term I see that Bitcoin will make a new all time high!
Note
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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.