Bitcoin needs to make a decision
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
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。