Bitcoin Double Top PT2?
What I see is we are making resistances that we blasted through in the bull market of 2018, now as resistances on the downtrend by forming double tops.
$11800 was one and we double topped a few weeks ago and it brought us down to 6.4k.
$9800 is the next one on the way down and we currently have not been able to cross it.
Target for this short will be $7500, and $7200.
If cross, I will open a long as I believe we will be on the road to $11700, and ~~$13800 by May or early June.
This bearish chart puts us at $7200-$7500 by end of May.
$11800 was one and we double topped a few weeks ago and it brought us down to 6.4k.
$9800 is the next one on the way down and we currently have not been able to cross it.
Target for this short will be $7500, and $7200.
If cross, I will open a long as I believe we will be on the road to $11700, and ~~$13800 by May or early June.
This bearish chart puts us at $7200-$7500 by end of May.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.