BitcoinLong
Bitcoin near bounce level
After losing trend line support last week, quickly melted down to 20K. 19900 is high of 2018. Bouncing from this level is hopeful sign. At least for short term. For long term reversal to confirm, would like to see two weekly closes above 31750 for BTC.
For short term, close above 22,300 could take it to 26K. If it fails to hold 20800 level, will likely test 18k.
For short term, close above 22,300 could take it to 26K. If it fails to hold 20800 level, will likely test 18k.
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.