BTCUSD pricing is currently being squeezed by some strong support and resistance on the daily. Eventually, I believe a huge breakout will occur either today 8-1-2021 or 8-2-2021. We are indeed hanging around overbought territory on a couple of my indicators..so a push down to the $37k-$34k levels wouldn't surprise me. On the other hand, breaking this level of resistance would be soooooo beautiful...I can't help it...I'm a Bitcoin bull even when at times the bears are nearing lol :).
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Note
Golden Cross? ummm
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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.