Possible rejection at $100k Bitcoin
I don’t know if Bitcoin will do a v-shape recovery if it needs a proper ABC correction wave sequence (yellow pattern).
I’m open to both possibilities but I am favouring a move down to approx 85k being slightly more likely.
Worth taking some profits at 100k and then waiting for a break above 100k to get back in.
I’m open to both possibilities but I am favouring a move down to approx 85k being slightly more likely.
Worth taking some profits at 100k and then waiting for a break above 100k to get back in.
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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.