Traderconect

btc, Bear market but not yet...

Short
BITSTAMP:BTCUSD   Bitcoin
#BTC #CRYTO #TRADING #technicalanalysis #bearmarket
This is the chart bears need for their continuation. The market is holding between 42k - 45k for quite sometime now.
It's moving towards 42000 - 32300 - 27736 area where this bull market have been getting support since JAN '21. Exactly one year later market came back to this area. I dont think it's for the support but rather it is a RESISTANCE.

FYI: The prices mentioned in the chart are very important. Market will defintely react in it.

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.