BitcoinUpdated Bitcoin chart for entertainment!
Bitcoin looks like its forming a triangle here with three points and on its way to point four.
It will either break up towards 75k or down to about 10k.
Notice the strong support on44k,
29K and strong resistance on 57k.
Also see volume levels that took it from 10k to over 60k, and second volume level that took it from29K to now about 51.5k, compared to current volume levels.
Thanks
It will either break up towards 75k or down to about 10k.
Notice the strong support on44k,
29K and strong resistance on 57k.Also see volume levels that took it from 10k to over 60k, and second volume level that took it from
29K to now about 51.5k, compared to current volume levels.Thanks
Note
Bitcoin did test the support line at about44k and still shows signs of weakness, might test 37k line that is a stronger one.Note
Bitcoin to test support line at $37,332 by Oct 25 2021.
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