cryptovan168

Could this be the turning point of Bitcoin?

BITFINEX:BTCUSD   Bitcoin
From the daily chart, we could see that Bitcoin is sitting at 2 supports.

By now, we could confirm that the inverse head and shoulders did not play here, instead, it went sideways now for a couple of days.

after the bullish pennant, it went up but was denied by the 4200 resistance.

Volume gets lower and lower.

Could this be the turning point of Bitcoin?

Disclaimer: this is not a financial/trading advice.

cryptovan168
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.