The 4 hr chart shows a clear downtrend and is hitting a strong support level. However, as the 100 EMA is going towards the 200 EMA looking to cross. If that happens, i see a bottom at 28K-30K. On the daily chart a bearisch trend is even more obvious (See the daily Idea post)
I tend to post my ideas on BTC from now on a regular base, feel free to follow my profile.
Note: My ideas are what they are, not financial advice.
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.