#BITCOIN/ Do we grow from here?
See very key support 65357
After hitting this support yesterday, Bitcoin recovered a significant part of its losses.
This support plays a decisive role in the next movement of Bitcoin
Growth condition: If it grows from this support and breaks the purple channel upwards in the 4-hour time frame, a bottom will form here and grow.
The targets are indicated in the figure
If the growth condition is not fulfilled and this support is broken down on the daily time frame, a new downtrend will begin
After hitting this support yesterday, Bitcoin recovered a significant part of its losses.
This support plays a decisive role in the next movement of Bitcoin
Growth condition: If it grows from this support and breaks the purple channel upwards in the 4-hour time frame, a bottom will form here and grow.
The targets are indicated in the figure
If the growth condition is not fulfilled and this support is broken down on the daily time frame, a new downtrend will begin
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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.
Related publications
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.