Bitcoin moment of Truth (Weekly Analysis)
And the big question atm is...
Who will win this Resistance level zone?!?!?🤔🤔🤔
Bulls?!? Bears?!?!
- RSI overbought and crossing downwards
- Momentum crossing downwards as well
Breaking upwards of this Resistance box my target is between 85K & 95K
Breaking downwards there are 2 support zones to consider for a bounce
1- 51.6K &
48K
2- 42.8K & 38.7K
With all said we all know BTC is different beast.
Always wait for breakouts or scalp LTF.
Who will win this Resistance level zone?!?!?🤔🤔🤔
Bulls?!? Bears?!?!
- RSI overbought and crossing downwards
- Momentum crossing downwards as well
Breaking upwards of this Resistance box my target is between 85K & 95K
Breaking downwards there are 2 support zones to consider for a bounce
1- 51.6K &
48K2- 42.8K & 38.7K
With all said we all know BTC is different beast.
Always wait for breakouts or scalp LTF.
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.