BitcoinUpdated BTC View
Technically I see BTC continue the downtrend at the levels of 5k-6k. It is coincidence that technically the uptrend will start on May and at the same time the halving will take place?
Note
Currently the price is very close to the 3rd resistance near 10k. If it bounce back its still possible to see the low levels with 1st support being around 8k and the next one around 6k, before taking off for new highs. If however, we break also the 3rd resistance now, new stronger support levels will be created and I do not see going back to 6k levels.
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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.