Cryptolover333

bitcoin could be about to break a very strong support line.

COINBASE:BTCUSD   Bitcoin
Bitcoin is in a very strong support line since the end of 2020 at the moment and could break down at any time but there is a chance to bounce back from here too, if we close below this red line we could see a drop to at least the bottom line of the falling wedge but could also drop even further, the target of the Symmetrical triangle is the blue line at almost $20,000 and could eventually hit that line, we are getting closer and closer to the bottom and after breaking this falling wedge to the upside (most likely) we could see our next super bull run so keep an eye on this.

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.