Crypto-holiday

Bitcoin dumping? Next level of support $57,000?

Long
BINGX:BTCUSDT.P   BTC/USDT Perpetual Contract
I am still long from $61,800 and I am not closing my position just yet. We did reject the Point of control at $66,800 and came back down to the value area low. Now we are even lower than the value area low which ideally is the place to long but only with bullish confirmations. Some time frames could get us above $63,300 like the 15min, 45min and 90min. But we will see what happens in the next hours or days, levels remain the same.

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.