Bitcoin is inside the major support zone and we have retested this area 5 times already without seeing a major change in trend direction. US30 and US500 charts look exactly the same, they are looking for lower support zones. I think there is a higher probability that we break this support to continue the bear market. We could see a potential bear trap and the continue to rise higher but for that I would wait for confirmations: First seeing a false breakdown and then the breakout of the trendline that the price has formed.
Comment below your thoughts and questions! Give us a boost and share with your friends if you find our analysis useful, that would be of great support!
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.