BTC could go for $8500!
BTC Analysis
BTC is showing some signs of weakness, but if it closes above-marked swing high on the H1 chart, I will consider bullish and it will maybe have the chance to touch $8500 soon.
But if daily candle close below marked swing high, It will drop till $7540 HTF support.
Making of higher high like, in this case, is always bullish sign.
Enjoy Analysis!
BTC is showing some signs of weakness, but if it closes above-marked swing high on the H1 chart, I will consider bullish and it will maybe have the chance to touch $8500 soon.
But if daily candle close below marked swing high, It will drop till $7540 HTF support.
Making of higher high like, in this case, is always bullish sign.
Enjoy Analysis!
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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.
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.