DAT34

BTC just bounced. Now what ?

Short
BITMEX:XBTUSD.P   Bitcoin
Hi !

Just a quick prediction regarding the recent big BTC boucne.
I'm expecting a retracement at 7.4k$ area.

The major trendline resistance has never been broken and I highly doubt it breaks now. Too much space between 50 EMA (on weekly) and the major trendline resistance.
Lets see how it goes !
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.