After consolidation for quite some time, BTC seems to be on a roll which combined by meltdown in global indices.
BTC bounced of trend line and now it is reaching to resistance area.
On 4 hr timeframe, BTC crossed 200 EMA which is also quite positive.
BTC bounced of trend line and now it is reaching to resistance area.
On 4 hr timeframe, BTC crossed 200 EMA which is also quite positive.
Note
BTC could not break the resistance. Loosing steam also
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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.