Get started
HangNeal

BTC could re-test lows around 5800-6000 then Bullish in OCT/NOV?

Bitcoin (BITFINEX:BTCUSD)  
HangNeal Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis BTCUSD
1
1
trendanalysis btcusd
Medium term outlook is bearish and a full retest of lows is very possible perhaps ending in a large bounce up out of long term wedge and off of previous lows near 5800-6000. This could very well result in an ascension in price and would seem to be a logical time for a trend reversal. If BTC commits south of trend lines, new TA will be needed.
Comment:
added 50 ma
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.