BITCOIN Outlook
The price of Bitcoin (BTCUSD) is fluctuating in a bullish path, confined above the resistance line of 43150. Therefore, our positive position remains valid so far, and the price needs to stabilize above 43160 to determine its next destination more precisely, as the price is facing a conflict between technical factors now.
so the targets will be the upper of the channel about 49430 for the long term
The expected trading range for today is between support 43150 and Resistance 45500
The general expected tendency for today: Uptrend
The price of Bitcoin (BTCUSD) is fluctuating in a bullish path, confined above the resistance line of 43150. Therefore, our positive position remains valid so far, and the price needs to stabilize above 43160 to determine its next destination more precisely, as the price is facing a conflict between technical factors now.
so the targets will be the upper of the channel about 49430 for the long term
The expected trading range for today is between support 43150 and Resistance 45500
The general expected tendency for today: Uptrend
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.