Bitcoin / TetherUS

Short

BITCOIN Downtrend Continuation

Bitcoin is Trading between a rising wedge pattern and is currently at a support however its unlikely that it would hold on to that support for long and the declining volume is creating a divergence hence soon it is gonna break out from the wedge downwards to continue its correction downwards.

Related publications

$BTCUSDT in 5th Elliott wave. New ATH followed by big Correction

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.