TradingView
DealerBTC
Jan 26, 2021 3:23 AM

R.ACEACEACE #BITCOIN #BTC #XBTUSD BEAR $27,100 RIDE OR DIE Short

Bitcoin / U.S. dollarBitstamp

Description

This idea is an update based on the present price action.

I believe the price may produce a baby bounce @ $27,800 on the lower timeframes.

If the price breaks support at $27,100 on the larger timeframes, I believe it will continue lower to $20,000.

I have kept you updated with my views of the market. I am publishing this as a short trade idea because my overall bias is still BEAR.

Please do your own analysis, responsibly manage your risk, and stay safe.

Thanks for hitting the like button!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Comment

I believe that the price will very soon head down to $28,000 on the lower timeframe. Please see my most recent update for the lower t.f.

Comment

I believe Bitcoin may retest 37k. Please see latest long trade idea.
Comments
Yuriy_Bishko
looks bearish
DealerBTC
@Yuriy_Bishko it does but it will take some time. I do see potential of a move up to near 38k to kill off some shorters
ilesanmipepsi
I'm in agreement with your view. Please, do check your private message. Thanks.
DealerBTC
More