BITCOIN CHARTS – Don’t rule out deeper setback for next big push [Video]
![BITCOIN CHARTS – Don’t rule out deeper setback for next big push [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Digital Currencies/Bitcoin/bitcoin_3_XtraLarge.jpg)
Setbacks should be very well supported in the 6,000 area, with a higher low sought out in favour of a bullish continuation back above the 2019 high and towards the record high from late 2017 further up. Ultimately, only a weekly close below 5,750 would compromise the constructive outlook. Back above 10,500 further encourages the bullish prospect.
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LMAX Group Research Desk
LMAX Group
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