BitcoinUpdated bitcoin low tf analysis
low tf analysis is showing a near term down,
1. within 170 - 200 band
2. anti-Gartley
3. previous wicks filled
4. fisher hyper extended
PA doesn't say immediate down, but the 4 aforementioned "indications", say otherwise.
"Is Bitcoin’s [BTC] price recovery being supported by Lightning Network’s growth" - ambcrypto.com/bitcoins-lightning-network-reaches-an-ath-as-btc-reclaims-the-30k-spot/
if this is true, btc will have to "re-adjust" its levels, aka it'll go down/
Near term down, imo.
1. within 170 - 200 band
2. anti-Gartley
3. previous wicks filled
4. fisher hyper extended
PA doesn't say immediate down, but the 4 aforementioned "indications", say otherwise.
"Is Bitcoin’s [BTC] price recovery being supported by Lightning Network’s growth" - ambcrypto.com/bitcoins-lightning-network-reaches-an-ath-as-btc-reclaims-the-30k-spot/
if this is true, btc will have to "re-adjust" its levels, aka it'll go down/
Near term down, imo.
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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.