The MACD is crossing even, and pointing down. A symmetrical move from the high to here, and from here to the symmetric low, would put the low around ~$33500. If BTCUSD doesn’t find support at 48-50 the next bottom could be there.
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.
