Bitcoin seems to be entering a bearish phase. It is retesting support more frequently
Bottoms; From 29k it increased 43%, From 37k it increased 26%, From 44k it increased 14%
Also, between each bottom it has retested this support every 14 days, however the recent two bottoms has had a 6 day interval
we can extrapolate that from a technical standpoint we are seeing a local top unless we can pump>14% in the coming days
Bottoms; From 29k it increased 43%, From 37k it increased 26%, From 44k it increased 14%
Also, between each bottom it has retested this support every 14 days, however the recent two bottoms has had a 6 day interval
we can extrapolate that from a technical standpoint we are seeing a local top unless we can pump>14% in the coming days
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.