BITCOIN: Interest Rate Unchanged - What's next?
Updated
The interest rate remains unchanged while the BTCUSD price is struggling at a trend resistance.
The Fixed Range Volume Profile confirms the strong resistance at 69.5k.
BTC is now aiming for lower highs (confirmed today) and lower lows, with the next short-term support being located at 64k.
My short position is open.
Cheers,
Ares
The Fixed Range Volume Profile confirms the strong resistance at 69.5k.
BTC is now aiming for lower highs (confirmed today) and lower lows, with the next short-term support being located at 64k.
My short position is open.
Cheers,
Ares
Trade active
Note
There we goNote
Another sell-off could possibly print a bullish divergence on the RSI, as shown on this chart. 
64K is an important level to look out for. I expect a strong reaction back above 70kNote
Note
Close to the final targetTrade closed: target reached
Strategies, Insights & Education: t.me/KOLAcademy
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.