Short term we are seeing BTC still fighting a bearish structure coming off of a steep correction now trading in a Bear Flag. We are also seeing a bearish crossover on the 50MA and the 200MA
Supports are labeled on the chart.
~42,000
~39,000
If by chance it breaks to the upside Target will again be ~50,000
Supports are labeled on the chart.
~42,000
~39,000
If by chance it breaks to the upside Target will again be ~50,000
Comment:
Updated view on BTC