Bitcoin / EuroShort
The negative case for Bitcoin
I am fairly new to TA, but this is an Idea I think of following. Invalidated if Bitcoin gets to daily support above €6500. Support at 5960 seems to be weak and not yet established, so if we go on a path downwards there will be little stop until 5400-5300, which has held OK during the last downturn.
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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.