leopisbig

$BTCUSD update: low $8k is the next target

Short
BITFINEX:BTCUSD   Bitcoin
- BTCUSD price is currently at the bottom of the parallel channel.
- It will possibly pass below the channel and can hit mid-$8k (A-wave).
- B wave can retrace up to $9.5k and C wave can drop to $8.0k-$8.5k.

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.