$BTC Longer term views
It's hard not to be bearish on the higher time frames for Bitcoin.
I am a strong believer that blockchain/crypto will do well. But this price action indicated we are still well in a strong bear trend.
The 1D, is currently in the strong downtrend shown, and is currently looking for areas/ supply zones to react off in order to make that LH leading into the break of structure to the downside targeting swing lows.
The 4hr is the same.
I am a strong believer that blockchain/crypto will do well. But this price action indicated we are still well in a strong bear trend.
The 1D, is currently in the strong downtrend shown, and is currently looking for areas/ supply zones to react off in order to make that LH leading into the break of structure to the downside targeting swing lows.
The 4hr is the same.