John_N

Bulls HAVE to defend 4200 levels !

BITSTAMP:BTCUSD   Bitcoin
Since we overshoot my target invalidating my desc. triangle theory I now am looking to confirm a bullish trend on a retrace that makes sense.
4200 will be the make or break point if we do pivot around the 6500$ price.

I am 100% confident we will retrace at least to 5'3K - only after that point will I look for a bullish entry.. do not let the FOMO get to you!

Good luck !

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.