grumpy_bitcoin

BTC: bullish and bearish scenario for the next few weeks

COINBASE:BTCUSD   Bitcoin
My bullish scenario: A little downside towards the blue trend line (10.5-11k) followed by an impressive rally towards a new yearly high.

My bearish scenario: If BTC breaks the blue trend line we might go back to 9 or even 8k.

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.