Eli550n

BTCUSD: Trend Line Analysis - BEAR MARKET

Short
COINBASE:BTCUSD   Bitcoin
Critical fundamental drivers including FED interest rate rises, inflation fears and global economic instability are driving all financial markets as of Jan 2022. Key horizontal support and resistance lines denote strong buying opportunities in this downtrend before a bullish reversal upward toward and above the blue long term uptrend line.
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.