BTC is falling due to markets and investor fear. The Bottom still hasn't travelled the length of the the FVG on the Weekly Chart that will be attractive to smart money and institutional investors
When looking at the Historical Data it shows that the price had a pullback and found resistance at the Weekly 21 day RMA .
Currently that looks like a point where Resistance once again will be established when combined with the FVG on the Weekly, Price will likely fall below and recover to hold the 21d RMA
When looking at the Historical Data it shows that the price had a pullback and found resistance at the Weekly 21 day RMA .
Currently that looks like a point where Resistance once again will be established when combined with the FVG on the Weekly, Price will likely fall below and recover to hold the 21d RMA
git some
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git some
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.