BTC has reacted strongly from this area multiple times within the last year showing that this area of support/resistance is something to be watched.
Currently sitting on the 50EMA on Daily chart and also 55EMA on the weekly as well.
I'd say this is worth a buy at this price.
If we do break down here though, chances of retesting 35k are high
Currently sitting on the 50EMA on Daily chart and also 55EMA on the weekly as well.
I'd say this is worth a buy at this price.
If we do break down here though, chances of retesting 35k are high
Note
this was not the bottom.rekt
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.