after a massive 52% rally since 30Sep bitcoin finally reached near ATH
on 4hr timeframe RSI look very oversold for few days on daily chart price is far away from 200 MA
we expect a retracement for market to breath & grab some liquidity in order to pump back to break a main resistance at 64K.
good luck. safe trade
on 4hr timeframe RSI look very oversold for few days on daily chart price is far away from 200 MA
we expect a retracement for market to breath & grab some liquidity in order to pump back to break a main resistance at 64K.
good luck. safe trade
Trade active
the market did exactly as expected the pullback occurring since 2days
i expect next week we will see 53k 52k before continuation to the upside
For those who missed the 40k level, it is another opportunity in the coming weeks.
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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.