After bottoming $3800 on Mar 13, BTC has had 47 consecutive days of recovery and is currently at $8700.
We are seeing a strong resistance zone [9250 - 9600]
Of course, we do not recommend buying in resistance.
It is likely that BTC will have a corrective wave back to $7300 or $6400.
In the opposite case, BTC needs to break the resistance zone [9250 - 9600] and fluctuate for many days on this resistance area. We will update the details later.
We are seeing a strong resistance zone [9250 - 9600]
Of course, we do not recommend buying in resistance.
It is likely that BTC will have a corrective wave back to $7300 or $6400.
In the opposite case, BTC needs to break the resistance zone [9250 - 9600] and fluctuate for many days on this resistance area. We will update the details later.
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.
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.