JKTrder

BTC #2; still no sign in either direction

BITSTAMP:BTCUSD   Bitcoin
Bitcoin is still trading in my previous discussed no-trade-zone.

Looks like BTC is forming a bearish chart pattern, with a technical target of 30.000 USD, should we brake to the downside.

Reaching the technical target would also mean a retest of my lower no-trade-zone line. A brake below this line and I expect Bitcoin to go to about 22.000 USD - 24.000 USD.

We have stay patient rn. Theres still no clear dircetion to see.

Updates will follow...



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.