BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Target 57k hit. Now price pulled back to SR formed during 02/23 -03/08 two weeks consolidation. EMA233 at 4H also stay here. Day if momentum turned bearish week ago. Now week timeframe did the same. Consolidation may last longer that is , more that 1-2 weeks. Possibly BTC may wick down to ~47.5-50k.

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.