ActiveCrypto

Short term more down. Target lower level fib retrace from Peak.

Short
BITFINEX:BTCUSD   Bitcoin
The short term picture is downside while the market finds stronger confluence. Bitcoin never made it's traditional pull back below 70% after peaking twice over $50K. This could be the start of something on the bigger picture to find that stability to make another major run.
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.