If BTC price breaks down the current bottom ($3128.89) and $4239.37 remains as the most recent top, then I expect the new bottom to be the following:
Price Target 1: $2936
Price Target 2: $2534
Price Target 3: $2131
An acceptable strategy could be setting a buy order at around $2540 and a stop loss at around $2100.
Price Target 1: $2936
Price Target 2: $2534
Price Target 3: $2131
An acceptable strategy could be setting a buy order at around $2540 and a stop loss at around $2100.
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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.