yangomk44

Bitcoin Analysis

BITSTAMP:BTCUSD   Bitcoin
Hello friends. Bitcoin fell in response to the $ 48,000 level and the weekly candlesticks closed in a way that gives me a bearish signal
In 4 hours we are forming a head and shoulders pattern that is like a pullback in daily time. My view is that bitcoin can move, which I think is a more likely red scenario, and we could reach $ 41,000 in the coming days, followed by bitcoin up to $ 35,700 or even $ 32,700.

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.