Can Bitcoin have a new bearish tendency to the monthly support?
Bitcoin has reached the maximum historical price to around the 52K. What next?
I marked the monthly bullish trend lines to see the resistant and support lines. The more reasonable action is confirm the support to around 45K to March or April.
SPX also show a breakout of their resistance and maybe will be return to this tendency line to confirm the price as support.
Note: This short idea is to operate daily and high dangerous, more than non large positions and is valid only for non high leverage positions.
I marked the monthly bullish trend lines to see the resistant and support lines. The more reasonable action is confirm the support to around 45K to March or April.
SPX also show a breakout of their resistance and maybe will be return to this tendency line to confirm the price as support.
Note: This short idea is to operate daily and high dangerous, more than non large positions and is valid only for non high leverage positions.
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