Daily Market Analysis - BTC
The market cap is up to 248B. Dominance is up to 69.12%. The price of Bitcoin is at 9,500.
Price action has closed above support zone 1 for the past 2 days, which tells us there is buying pressure here.
Technical indicators are oversold the stochastic RSI could crossover during the weekend.
Bearish: If price actions falls below support at 9,300, we could pull back to 9,000.
Bullish: If the price action is able to close above resistance at 9,700, the price action could re-test resistance at 10,100.
Bullish 55% / Bearish 45%
Price action has closed above support zone 1 for the past 2 days, which tells us there is buying pressure here.
Technical indicators are oversold the stochastic RSI could crossover during the weekend.
Bearish: If price actions falls below support at 9,300, we could pull back to 9,000.
Bullish: If the price action is able to close above resistance at 9,700, the price action could re-test resistance at 10,100.
Bullish 55% / Bearish 45%
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Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
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.