vizionari

BTC Drop back to 20k?

Short
BITSTAMP:BTCUSD   Bitcoin
Hey. It’s been a while since I’ve posted an idea here, so here it is. BTC made a significant climb, smashing through its previous all time high! Currently, it sits at roughly 34k hitting some resistance at a high point of a channel. I expect a significant retrace to 20k. Here is my analysis.
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.