#bitcoin #btc price has formed an ascending wedge after 75K capitulation. As seen in the chart, #btcusd broke down this wedge' s support line and now consolidating under it.
This breakdown was bearish.
BTC must reclaim at least 89K to avoid incoming dump session.(The invalidation)
Also, the macro is still enigmatic nowadays. There' re no permanent recovery signs for trade wars. Unless the invalidation aids, BTC may see serious dumps in short term. Not financial advice. DYOR.
This breakdown was bearish.
BTC must reclaim at least 89K to avoid incoming dump session.(The invalidation) Also, the macro is still enigmatic nowadays. There' re no permanent recovery signs for trade wars. Unless the invalidation aids, BTC may see serious dumps in short term. Not financial advice. DYOR.
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.
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.