I expect Bitcoin to move lower over the next couple weeks and retest the low 7k levels. Many reasons why I believe BTC is showing weakness. You can see all my previous ideas on BTC. 9.5k level (.382 fib) was a major support during the descending triangle, which is now a major resistance. A retest of the low 7k range is the path of least resistance.
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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.