Bitcoin optimistic view, but a little bit sideways
- Uptrend with a ranging tendency
- MACD is traveling down but is far away from 0 line
- It could test the 70 SMA but there is not enough energy
Bitcoin is on an uptrend, these pullbacks are not disrupting it if whales don't cash out. If everything goes right it could go back to ~5,600 over the next week, but if a dump happens it could test the 70 SMA
- MACD is traveling down but is far away from 0 line
- It could test the 70 SMA but there is not enough energy
Bitcoin is on an uptrend, these pullbacks are not disrupting it if whales don't cash out. If everything goes right it could go back to ~5,600 over the next week, but if a dump happens it could test the 70 SMA
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.