dafunkinbest

Bitcoin Trend Analysis: Short Term Long

COINBASE:BTCUSD   Bitcoin
Looking @ the bitcoin daily chart, last nights move retested the $51,000 support area and was possibly a liquidity grab. I’d look for short term buys, but potentially more downward movement if price forms a head and shoulders pattern over the next few days. Simple price action. $btc #BTC  #crypto

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.