Unfortunately Bitcoin broke down a rising wedge in this daily chart and previously in a 4 hours chart too, now to be realistic the official target should be around $19,000 but the blue line could act as a support at $21,000 so fingers cross, whatever happens I strongly believe that the candle from tomorrow could retest at least the 8 daily EMA or 21EMA if not we could get close, do you think we could have a bullish engulfing candle tomorrow? who knows but it could also happen, so do not panic yet because in a weekly chart bitcoin looks really bullish and I think this is only a correction to continue upwards after, good luck everyone!!!

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.