BTC meeting resistance at 48k. Hasn’t closed above the previous high yet.
IMO BTC needs to retest the previous level before there can be real confidence this move is sustainable.
I think we’ll see a retest of 44.9k and potentially 43.2k over the next several days.
Still haven’t seen that spike in volume to show strength in the direction of the move either.
IMO BTC needs to retest the previous level before there can be real confidence this move is sustainable.
I think we’ll see a retest of 44.9k and potentially 43.2k over the next several days.
Still haven’t seen that spike in volume to show strength in the direction of the move either.
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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.