Bitcoin
Short

Bitcoin(BTC): First $43K Then $32K?

307
Another week is here, and last week we had some massive moves on the market. (Where we dumped as low as $38,500 and then recovered from there, eventually not securing that $40K zone as of now.).

That's all natural movement from bitcoin, as we are witnessing a correction to the upper zones (near $43,500), where a lot of liquidity is currently lying.

Despite all that, we are still looking here for that $34K zone to be reached, so keep your eyes open for another potential attempt to breakdown from the 40K zone (which eventually will start the downward movement).

Swallow Team

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.