BTC, the big picture
BTC is inside the steep descending channel and tries to come back to the base channel.
1st attempt was fail because of the strong resistance line and this is the 2nd attempt.
Because this point is very important, it will try multiple times (at least 3 times?).
If it fails at last, BTC will go to the deep sea (16k? maybe).
1st attempt was fail because of the strong resistance line and this is the 2nd attempt.
Because this point is very important, it will try multiple times (at least 3 times?).
If it fails at last, BTC will go to the deep sea (16k? maybe).
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.