kuroSoraFX

BTC retest of 5.5k possible

Short
BITSTAMP:BTCUSD   Bitcoin
Still trading within this massive pennant formation, currently being rejected off of the top nicely. If we see a weekly close below the $9,000 level then i think it's quite likely that we see the 7k level being tested and possibly the 5.5k level as well
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.