⚠️ Bitcoin getting ready for the next drop?
Hello, dear TradingView members.
This idea is a Bitcoin analysis.
Bitcoin has moved enough in the sideways channel.
Now can be the right time for the next move.
It can either be an ascending move if the price touches the middle Bollinger Band or a descending one if the bearish pattern continues the market correction.
The next price range in case of another fall can be the 12K-17K levels.
RSI still isn't showing oversold signals in the weekly timeframe, so we still have room to go lower.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
This idea is a Bitcoin analysis.
Bitcoin has moved enough in the sideways channel.
Now can be the right time for the next move.
It can either be an ascending move if the price touches the middle Bollinger Band or a descending one if the bearish pattern continues the market correction.
The next price range in case of another fall can be the 12K-17K levels.
RSI still isn't showing oversold signals in the weekly timeframe, so we still have room to go lower.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.