Bitcoin continues to sit at the top of the descending channel, indicating further declines over the coming months based on historical ATH market top formations.
Still a chance for a sustained bull run with Equities but history points to a collapse with added downward pressure on ALTs.
No trade until the trend is clear - Best of luck to the bulls but bears might break ALT supports and send the market down over the next few weeks.
Best, Hard Forky
Bottom of Channel and $30k Target
https://www.tradingview.com/chart/BTCUSD/1YDcjQSH-BTC-2023-30k-viable-if-BTC-can-quickly-capture-18k/
Middle of Channel and $30k Target
Top of Channel with $30 Target reached
Still a chance for a sustained bull run with Equities but history points to a collapse with added downward pressure on ALTs.
No trade until the trend is clear - Best of luck to the bulls but bears might break ALT supports and send the market down over the next few weeks.
Best, Hard Forky
Bottom of Channel and $30k Target
https://www.tradingview.com/chart/BTCUSD/1YDcjQSH-BTC-2023-30k-viable-if-BTC-can-quickly-capture-18k/
Middle of Channel and $30k Target
Top of Channel with $30 Target reached
Nota
break from trend but forming a reversal candle on the weeklyNota
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.