boris_shiriaeff

BTC coming back from the moon

COINBASE:BTCUSD   Bitcoin
Hello guys, it is pretty clear for me that a breach of $4000 could be right around the corner.
The Bitcoin price was down around 1% towards the latter stages of trading on Friday. Moving within a consolidation nature, ahead of a further committed potential move lower. The next major downside target is eyed at $4000 to be breached by the bears.
What a difference a year can make. This time last year Bitcoin was thought to be going “to the moon” by a great majority of people.
BTCUSD continues to trade around the lowest levels seen since October 2017.
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.