BTCUSD is still goofing around the upper borderline (red dashed line) of the down channel. It is also near Pivot point (9267) and we expect another day of sideways movement.
Note
Long-term, we will see Bitcoin prices around USD 500 - 600.
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.