BTC Cannot be considered bullish here after a failure to hold 35k as support after fake pump with now buyers stepping in to buy key resistances flips on the way up. Instead find ourselves back below 35k add strength to bearish cases here with more downside being more likely as long as BTC trades below the key zone marked on the chart. A long of 33k which is a weekly and daily support level will likely lead tom continuation to the downside with 32 the next stopped followed by 30600 level . If broken 27300 and 23600 seems like the most likely zones to be tested upon loss of this key level.
Break above 35000 likely send us back to 35800 and flip of this level can see us test 37100 level. A daily flip of 38 500 which put the ATH back on the radar.
Break above 35000 likely send us back to 35800 and flip of this level can see us test 37100 level. A daily flip of 38 500 which put the ATH back on the radar.
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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.