Let’s not make it complicated. Bitcoin is still bullish overall, BUT it has to reclaim the 100K support for bullish confirmation, In that case 130K would be the target. Or, it fails to break the 100K resistance in another try and there will be the correction phase and the price can go down to 60-65K and if 60K is lost, even to 30K. A correction is going to happen both ways. you have to patient it can take months to happen. the price will surely fall at least to the 60K support for long term bull runs and new HHs.
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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.