Possible short term rally for Bitcoin?
Bitcoin is currently sitting right at the pivot point for today, and based on the movement there appears to be a good chance of it running up to at least the 22600 level, and then either bouncing off that level, or really breaking through and heading higher into the 23000s. We also have a double bottom pattern that appears to support at least a short term movement up.
There are pivots and support/resistance levels that support these possible movements, it will be interesting to see how it plays out over the next few hours.
These are just ideas NOT trading suggestions.
There are pivots and support/resistance levels that support these possible movements, it will be interesting to see how it plays out over the next few hours.
These are just ideas NOT trading suggestions.
Doing what I can to help people trade better. Past performance doesn't guarantee future results. Trade at your own risk. This is not financial advice, it is personal opinion, I'm not a financial adviser. I may have a stake in what I write about.
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