Bitcoin Reversal!
Aktualisiert
Hi traders,
I have posted a chart showing the long-term perspective of Bitcoin, as shown below (link to releated idea). Above is a technical analysis to see if we have completed the correction or there is more downward movement. As you can see the supply and selling pressure has decreased as we moved downward. This is shown by how the lower lows are getting closer to each other.
Once we breakout from the current channel, the strong bullish trend will resume!
Best of luck!
I have posted a chart showing the long-term perspective of Bitcoin, as shown below (link to releated idea). Above is a technical analysis to see if we have completed the correction or there is more downward movement. As you can see the supply and selling pressure has decreased as we moved downward. This is shown by how the lower lows are getting closer to each other.
Once we breakout from the current channel, the strong bullish trend will resume!
Best of luck!
Anmerkung
Bitcoin currently trading above 10k :)!Anmerkung
So what happens when there are no sellers anymore? You get a strong reversal!
Anmerkung
Bitcoin $11,000
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.