TF: D

BTC is at a crucial level at the this current area. If the current trendlines do not hold some deeper downside will occur. First downside area would be $40k to fill the candle wick from 12/03 & 12/04, if that doesn't hold then price may see $30k again. If price holds above, I think upside movement will occur to around $80k with resistance at $68k.

See my BTC long-term outlook here below.

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.