Support Being Tested
Whilst the price of Bitcoin has not been doing much in the past two weeks, it now comes to an interesting level.
The medium-term trend on the higher time frame charts is higher with price in recent months making a strong move.
Price is now testing an important daily and 4 hour support level.
This level looks key if price is to continue the recent trend and make another new leg back higher.
Whilst the price of Bitcoin has not been doing much in the past two weeks, it now comes to an interesting level.
The medium-term trend on the higher time frame charts is higher with price in recent months making a strong move.
Price is now testing an important daily and 4 hour support level.
This level looks key if price is to continue the recent trend and make another new leg back higher.
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Related publications
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.