LA_Designer

BTC: Important Zones to Watch

COINBASE:BTCUSD   Bitcoin
The bearish divergence played out and BTC is heading toward strong support zones. On the 6H chart, we can see some bullish divergence currently building up.

1) If it breaks the upper trend line and holds, then the next target would be around $21.8K
2) If it breaks below $17.5K, then expect a major move down between $12K - $14K
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.