Bitcoin's downtrend has begun
Bitcoin has broken the downward trend line in the weekly time frame
Due to the acceleration of the upward trend of the past several weeks
We should expect a price correction of 40-50%
Important support areas are drawn on the Bitcoin price chart
Bitcoin is currently bearish and it is not a good time to buy and hold
Do not believe the words of so-called analysts who say that the price of Bitcoin will reach 100,000 or 1 million dollars.
Of course, Bitcoin will reach $100,000, but not this year and next year
Due to the acceleration of the upward trend of the past several weeks
We should expect a price correction of 40-50%
Important support areas are drawn on the Bitcoin price chart
Bitcoin is currently bearish and it is not a good time to buy and hold
Do not believe the words of so-called analysts who say that the price of Bitcoin will reach 100,000 or 1 million dollars.
Of course, Bitcoin will reach $100,000, but not this year and next year
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.
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.