BTC/USD is still very young as far as currencies go. But it is now within a very important zone, at least an important zone if you're hoping for bitcoin to restart its climb towards 20k+ value.
Its to early to say yet, but based of how the currency reacted in the past once it reached this zone, its safe to say we could expect to see a very volitile push upwards towards the end of the current or next weekly candle closing.
Where ever the next two weekly candles close will have a very profound impact on where the price of BTC/USD will be headed in the next few months.
Its to early to say yet, but based of how the currency reacted in the past once it reached this zone, its safe to say we could expect to see a very volitile push upwards towards the end of the current or next weekly candle closing.
Where ever the next two weekly candles close will have a very profound impact on where the price of BTC/USD will be headed in the next few months.
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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.