Like mentioned in my previous share, this is the reanalysis.
BTC still hold a very strong bullish trend. With it being an appreciative asset, every bearish trend is wisely considered a retracement. The recently broken trend is characterized by multiple weaknesses.
With the fact that it respected the 50% retracement level to break the bearish trend + the bullish strength, gives the bulls an upper hand.
BTC still hold a very strong bullish trend. With it being an appreciative asset, every bearish trend is wisely considered a retracement. The recently broken trend is characterized by multiple weaknesses.
With the fact that it respected the 50% retracement level to break the bearish trend + the bullish strength, gives the bulls an upper hand.
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.
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.