Bitcoin
Short

BTC Likely Heading To $25k - $20k From Here - Head & Shoulders

After today's selloff and Bitcoin trending sharply lower, the impending 'Death Cross' of the 50 and 200 EMA seems unavoidable.

These levels are unlikely to hold here, especially with more bad news coming out of China and more FUD all around.

25K is the next likely drop, but I'm thinking we may see 20k Bitcoin before it's over and we put in a bottom.

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.