In the weekly time frame, due to being confined in the fork channel, Bitcoin reacted again to the range of 19,000 to 20,000. The three-wave nature of the recent falling movement.
But if this support is lost in the coming weeks, it can fall to the 12500 area to complete the 5th wave.

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.