Get started
EduardoJE

"Bitcoin is experiencing a downtrend on 4-hour timeframes"

Short
Bitcoin (PEPPERSTONE:BTCUSD)  
EduardoJE  
PEPPERSTONE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
Currently, Bitcoin is undergoing a trend reversal on smaller timeframes, which could lead to a very healthy pullback. We might see the price reach $60,000 or even $50,000. This retracement is quite healthy as over the past few weeks, Bitcoin has been consistently making higher highs and higher lows.
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.