Bitcoin arrived at a key intersection of multiple indicators
If Bitcoin is able to break-out upwards this intersection of resistance, it would be a signal that we will be going higher
in the short-term, possibly re-test the 10k resistance level.
In general Bitcoin is still quite bearish, and the bigger picture is we are still in a downtrend.
There's a lot of resistance to move upwards.
If Bitcoin is able to break-out upwards this intersection of resistance, it would be a signal that we will be going higher
in the short-term, possibly re-test the 10k resistance level.
In general Bitcoin is still quite bearish, and the bigger picture is we are still in a downtrend.
There's a lot of resistance to move upwards.
Note
The 1st next resistanceA break above 9300 would be a short-term trade buy signal.
This would confirm a move to 10k and maybe beyond.
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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.