In chart 4h. BTC bouncing back to $40.000 then go down $36.000 Market have downtrend in short-term
RSI in 4h downtrend so trong.
We can see BTC move in Eliot 5 wave Which little show that BTC can down more. BTC Have Down to wave 5 with price about $33.400 then bounceback $35.000 Zone $33.000 this is zone important because if chart close with price below $33.000 BTC will have restest $30.000 again then bounback $33.000
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.