Hi Traders !
Bitcoin went downwards in the last hours, but this is not the time to sell. As per our previous analysis we shared on Tradingview Bitcoin is still in the funnel. As we can see on the chart, even with todays pullback Bitcoin didn't break the support at the price level & RSI level, represented by the green lines. We expect to see in the coming days a bounce up on the support. Furthermore the market has been recently flooded with good news from institutional investors.
Stay tuned for our next analysis !
Bitcoin went downwards in the last hours, but this is not the time to sell. As per our previous analysis we shared on Tradingview Bitcoin is still in the funnel. As we can see on the chart, even with todays pullback Bitcoin didn't break the support at the price level & RSI level, represented by the green lines. We expect to see in the coming days a bounce up on the support. Furthermore the market has been recently flooded with good news from institutional investors.
Stay tuned for our next analysis !