Bitcoin pull back to Down Trend.

BINANCE:BTCUSDT240

Bitcoin / TetherUSBinance

Description

⋅ Aug 7, 2021 5:40 PM

Bitcoin seems to have a pullback to the down trend after ATH and from there to continue its up trend

Order cancelled

⋅ Aug 16, 2021 2:51 PM

Comments

JCLARK87

⋅ Aug 7, 2021 6:45 PM

Are you referring to local ath? So thinking price will drop from here?

ShahramAbaei

⋅ Aug 7, 2021 6:49 PM

@JCLARK87,
No. ATH is ATH.

btins1881

⋅ Aug 7, 2021 6:54 PM

@JCLARK87 he’s referring to the downward trend line that’s drawn from the ath at 64k. He’s suggesting the price might retrace and find support on this trend line before going back up.

ShahramAbaei

⋅ Aug 7, 2021 6:56 PM

@btins1881, 👌👍