Get started
jaynoel

BTC potential correction

Short
Bitcoin (COINBASE:BTCUSD)  
jaynoel  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Fundamental Analysis
2
0
trendanalysis indicator fundamental
December 2020, BTC top to ATH $24000, and finally US Congress approved stimulus $900 Billion . Correction and support level 21600 (FibS8), 20500 (FibS11), and stronger support 19400 (FibS14) . If momentum weaker, the last support is around 17000 .

USD is stronger across the board FX, Index, Crypto.

I believe BTC will be up again and follow parabolic trend in 2021 .



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.