bonic

BTCUSD quick update

Short
BITSTAMP:BTCUSD   Bitcoin
Short term update:
Looking pretty bearish. Looks like a head & shoulder / descending triangle has formed, which has a high probability of breaking bearish.
8k-10k bottom still possible.

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.