After reaching the support area of 20800, Bitcoin is still suffering and completing within the time frame to continue the movement, which due to the higher time frames and the breaking of the ascending channel and more pressure from the sellers, this movement will be in the direction of falling, but until it is not filled within the time that is probably It will last for two or three days, any movement can form a neutral pattern, and it seems that in this situation, maintaining short positions is a more suitable option to see if the support of 20800 will play a supporting role for the growth of the price. The area will also be lost.

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.