Get started
vyperphi696

Bitcoin Analysis

Short
Bitcoin (BITFINEX:BTCUSD)  
vyperphi696  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) Technical Analysis BTCUSD
4
2
trendanalysis chartpattern bitcoin technicalanalysis btcusd
PA has the potential to break down to $8.5k where each horizontal support has held.

If we see this tested and a bounce, then market structure is still in tact and long term bullish.

Otherwise, we could see more downside if this breaks.
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.