Get started
Kelly_John

8700 Bitcoin idea

Bitcoin / Tether (BITTREX:BTCUSDT)  
Kelly_John  
BITTREX:BTCUSDT   Bitcoin / Tether
Support and Resistance Parallel Channel
2
0
supportandresistance parallelchannel
As I've studied the BTC chart, I've begun to believe that a retest of 8000-9000 USD is likely before the bull run continues. The verticality of this last retracement further indicates that the bears aren't done with Bitcoin yet. Nothing has been confirmed yet, but I would be cautious until there are strong bullish signals again.

Support at 8700 and 9000 USD.
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.