JureKrasovic

BTC/USD longer term expectations

BITSTAMP:BTCUSD   Bitcoin
The price broke below the previous area of support, marking a rather strong bearish move. The directions for a shorter timeframe are now not clear, probably the bears will fill the gap that was previously created by bulls. For a longer term, expecting a bullish impulsive move after the bearish correction we are in right now.

Good luck!
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.