BTCUSD is clearly trading between these 2 support / resistance lines long term.
We now expect a move back up to test the previous support at around 52k.
When we see that we are now just continuing the same trading range that we saw in January, it doesn't seem quite such a 'disaster' or 'bear market' as many others have suggested.
We now expect a move back up to test the previous support at around 52k.
When we see that we are now just continuing the same trading range that we saw in January, it doesn't seem quite such a 'disaster' or 'bear market' as many others have suggested.
Note
when in doubt, zoom out.
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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.