Bitcoin failed to quickly make an all-time high, I suggested a consolidation of around a day was reasonable but much more than that would result in a deeper correction before breaching the all-time high.
If there's a significant retracement to the upside from these levels, I would expect the first buying zone to hold, if this currently is the extent of the retracement, I'm personally more interested in the lower levels, the highest of the lower levels essentially.
If there's a significant retracement to the upside from these levels, I would expect the first buying zone to hold, if this currently is the extent of the retracement, I'm personally more interested in the lower levels, the highest of the lower levels essentially.
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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.