If we ignore the spikes above 20k and under 19k, Bitcoin was almost still in the past month.
This type of price action is unusual considering its historic volatility and a break in one direction should happen sooner rather than later.
My bias remains bearish with a valid break under 19k confirming this outlook. In such a case I expect acceleration to the downside and 15k round figure could provide soft target for bears.
On the other hand, sustained buying above 20k could lead to a rise to 25k important resistance.
This type of price action is unusual considering its historic volatility and a break in one direction should happen sooner rather than later.
My bias remains bearish with a valid break under 19k confirming this outlook. In such a case I expect acceleration to the downside and 15k round figure could provide soft target for bears.
On the other hand, sustained buying above 20k could lead to a rise to 25k important resistance.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.