We expect to see flat movements on Bitcoin in the near future. Why? $12000 turned out to be a too strong level for bulls to break out, from this point we got a massive dump to the $10500 support.
What do we have now? Bulls are protecting the mentioned support level but don't have enough powers to go upwards and break through the
12K point. So, more likely we will see a consolidation between the support and resistance.
Altcoins are doing better now, it already feels. Many bullish patterns over there.
What do we have now? Bulls are protecting the mentioned support level but don't have enough powers to go upwards and break through the
12K point. So, more likely we will see a consolidation between the support and resistance. Altcoins are doing better now, it already feels. Many bullish patterns over there.
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Related publications
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Work in the team of Crypto Klondike.
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.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.