TradingShot

BITCOIN Is this June21 all over again or a new paradigm unfolds?

BITSTAMP:BTCUSD   Bitcoin
Another selling sequence for Bitcoin and another Lower Low since the November 10 All Time High. This (very) bearish price action is close to invalidating the paradigm that BTC is repeating the May-June-July bottom sequence. More specifically it is about to test the August 05 2021 low. A break below that Support, invalidates the whole pattern. On June 22 2021, that Support level held and BTC made its bottom that led it into the late July recovery. This time?

Feel free to share your work and let me know in the comments section!



--------------------------------------------------------------------------------------------------------

Please like, subscribe and share your ideas and charts with the community!

--------------------------------------------------------------------------------------------------------

👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot

🔥New service: next X100 crypto GEMS!
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.