BitcoinLong
Bulls fight for the 200-day! $8,600 vs $8,200 and $7,800 BTC
Since the Sept 24 drop, we now have 3 confirmed resistance levels $8,600, $8,200, and $7,800.
Need to see a strong defense of $8,600 (Purple Box) at the 200-Day or expect a return to $7,700-8,400 range (Blue Box). I expect a drop to retest at least $8,200 or so followed by a retest of $9,000 or even $10,000. Keep some dry powder there will be plenty of opportunity to buy in these ranges
Need to see a strong defense of $8,600 (Purple Box) at the 200-Day or expect a return to $7,700-8,400 range (Blue Box). I expect a drop to retest at least $8,200 or so followed by a retest of $9,000 or even $10,000. Keep some dry powder there will be plenty of opportunity to buy in these ranges
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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.