At 29700 BTC found support. As you can see, at 29700 USD is a big volume cluster that indicates heavy buying activity.
As long as this support holds, I expect a continuation of the upwards trend, also on lower time frames. Otherwise, BTC could fall to 26700.
Nevertheless, the long term trend of BTC looks still very healthy.
As long as this support holds, I expect a continuation of the upwards trend, also on lower time frames. Otherwise, BTC could fall to 26700.
Nevertheless, the long term trend of BTC looks still very healthy.
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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.