Support isn't being respected. Another move down could be possible.
In the grand scheme of things Bitcoin is very bullish so if you're already long from a while ago and don't mind holding through funding/ 20% drawdowns it should be okay to just ignore this move.
In the grand scheme of things Bitcoin is very bullish so if you're already long from a while ago and don't mind holding through funding/ 20% drawdowns it should be okay to just ignore this move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.