Bitcoins price support levels going forward
I've created a simple medium-term chart with just the indicators you need to see the signal in the noise and determine price levels where bitcoin may see support, going forward.
$74,381 #Power Law band immediately above current price and new ATH
$65,148 #Power Law band immediately below current price
$58,014 #Up-trend support line / retest / mean-revert level
$55,568 #Bottom of Buy/Sell order book and lower Power Law band
Hitting any of these lower price levels does not indicate a bear market and could be considered completely normal.
$74,381 #Power Law band immediately above current price and new ATH
$65,148 #Power Law band immediately below current price
$58,014 #Up-trend support line / retest / mean-revert level
$55,568 #Bottom of Buy/Sell order book and lower Power Law band
Hitting any of these lower price levels does not indicate a bear market and could be considered completely normal.
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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.