Bitcoin is copying the previous cycle and is starting a bearish cycle.
We are approaching a zone that typically forms after breaking the 365-day MA.
From that support zone, we bounce back toward the previous resistance area.
But that level is nothing more than a bull trap waiting for us, and after that everything turns into hell.
Believe in the cycles when everyone else is lying
We are approaching a zone that typically forms after breaking the 365-day MA.
From that support zone, we bounce back toward the previous resistance area.
But that level is nothing more than a bull trap waiting for us, and after that everything turns into hell.
Believe in the cycles when everyone else is lying
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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.
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.