BITSTAMP:BTCUSD   Bitcoin
Bitcoin / USD

Short term deal

The trend is down, and we now notice a consolidation of the price inside a pattern that is often the continuation of the descending triangle, between the resistance level at 57600 and the support level at 53000.
In the event that the level of 53000 is broken and remaining below it, we will target selling
Objectives
50,000
47,000
Stop loss
The hourly candle closed above 55000

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.