Greetings ! The market is such a boring recent days!
Price movement in a small range doesn't give great opportunities, activity is greatly reduced!
There are also changes in the global world environment, people are capitulating from the cryptocurrency market, and unfortunately there is no positive trend yet.
Although, a price rollback to levels up to 34 thousand can be expected, but then a price drop even lower than the current levels is more likely.
On the chart, you can see a formed descending channel since the end of March.
After the drop, we see prolonged sideway movements, and then a drop again. There must be a rollback. I think it's possible in the coming months.
Some of my last posts for clear understanding my view:
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.