Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
BTC/USD - 5% pump in one day, NOT bad! $45k resistance awaits.
Bitcoin
Long
BTC/USD - 5% pump in one day, NOT bad! $45k resistance awaits.
By DU09
Follow
Follow
Feb 15, 2022
7
Cheer
Cheer
Feb 15, 2022
BTC pumped 5% today. Not bad for a $1 trillion dollar asset.
However, the resistance at 45k is not far now and that will likely pose a challenge as last time BTC was pushed back.
The indicators are also bullish, but volume was not as impressive today as ETH (see below my idea for that).
Hopefully, BTC can pick up some volume as price approaches the key resistance. That could bring enough momentum to break it.
Even if BTC is rejected by bears there, the support at 40k has held pretty well, with buyers buying early. This is a bullish sign.
Bias is bullish right now, but best to be cautious as the price will soon be under the key resistance.
Like and follow if you liked my idea!
Bitcoin (Cryptocurrency)
BTC
BTCUSD
BTCUSDT
Chart Patterns
Technical Indicators
Trend Analysis
DU09
Follow
Follow
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
BNB/USD - About to BREAKOUT! 20% Rally Possible! 😍
by DU09
Published
ETH/USD - A new attempt at $3,400, can ETH make it?
by DU09
Published
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
.