gikapo6169

Bitcoin short from 53k? Lets speak about it

Short
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
According to the gray area, bitcoin has tested this area 2 times in 4h, so that was the support zone.

After the dump, it will become the resistance zone, right in the area of 53k

the Fibonacci line near 61.8% has also indicated that area.

So now we need to check the reaction when bitcoin will get to that area

Please let me know what do you think about this idea
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.