Fundamentally speaking, whatever goes up must come down, but the question is when. BTC has been proven to the new XAU.
From a technical stand point however, I anticipate BTC to go up higher. Then dropping down dramatically on the macro level. At a micro level, here, in 120, we can note that we're in a corrective state, after completing the final wave 5 of Elliotts Wave.
The correction has retraced past the 61.8 level of wave 5 and has maintained its levels above this.
If we break above the resistance levels (1346.09) we can expect a move up.
However if we break below 1300 its a sell down to 1285.47
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.