Hello dear traders. I hope you are doing great. Well as you can see on the daily chart , BTC is moving in a ascending channel and now is testing the bottom of it which is around 34K. In my opinion we are going to get support around 34K and move a little up but then we are going to have a second leg down which then forms a double bottom pattern. Then after that we are going to see a push up from BTC to around 56-59K areas. Personally I am buying the dip here and will sell all my cryptos when we get to 56-59K area.
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.