BTCUSD extended its rally before paring recent gains. The higher swing points and the widening gap between both EMAs indicate its strong bullish momentum.
If BTCUSD rebounds above 90000, the price could rise towards the resistance at 95000.
Conversely, a break below 90000 could prompt a deeper retracement to the ascending trendline and support at 85000.
If BTCUSD rebounds above 90000, the price could rise towards the resistance at 95000.
Conversely, a break below 90000 could prompt a deeper retracement to the ascending trendline and support at 85000.
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.
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.