{"id":550825,"date":"2023-09-11T18:01:37","date_gmt":"2023-09-11T18:01:37","guid":{"rendered":"https:\/\/wncen.com\/?p=550825"},"modified":"2024-06-11T07:06:56","modified_gmt":"2024-06-11T07:06:56","slug":"bitcoin-weekly-td-sequential-buy-setup","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-weekly-td-sequential-buy-setup\/","title":{"rendered":"Bitcoin Weekly TD Sequential Buy Setup Appears, But Warns Of Potential Risk"},"content":{"rendered":"
Bitcoin price keeps falling, now pushing down against support at $25,000 per coin. The recent sweep of lows has resulted in a perfected TD9 buy setup according to the weekly TD Sequential indicator.<\/p>\n
Although this sounds positive for crypto, if the signal fails, there is risk of an extreme drop ahead. Here is a closer look at why.<\/p>\n
Is The TD Sequential Telling Us To Buy The Dip In Bitcoin?<\/h2>\n
Things are improving for Bitcoin price action, but the situation surrounding altcoins and the increasingly negative macro environment has kept upside momentum at bay. The result over the last several weeks has been another BTCUSD downtrend. This series of down weeks has satisfied a specific sequence required to trigger a TD9 buy setup.<\/p>\n