BTC/USD TA Update (10k Bull Market?)
Bitcoin just entered the 10k regions and hitting key resistance area from previous swing High also the top ascending trend-line resistance of this rising wedge.
The RSI is floating on overbought condition levels but this is what makes the price volatile when entering overbought or oversold levels.
If Bitcoin will be accepted above 10k levels for the next few days, it may likely turn into new support territory before it fires another leg up as we know the BTC Halving is just right in the corner.
The RSI is floating on overbought condition levels but this is what makes the price volatile when entering overbought or oversold levels.
If Bitcoin will be accepted above 10k levels for the next few days, it may likely turn into new support territory before it fires another leg up as we know the BTC Halving is just right in the corner.
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