BITCOIN NEEDS TO MAINTAIN TREND LINE FOR $14,000+ TARGET
Updated
BTC / USD TA
Bitcoin today is looking neutral after a hefty downward momentum we've observed on June 29 - 30
At this time we are looking for confirmation of a bounce from liquidity grab zone and for Bitcoin to maintain trend line which came ton existence on June 10.
In terms of sentiment market is evenly split at 50/50 Long vs Shorts roughly.
Personal sentiment will be determined upon break or bounce off trend line.
Upcoming resistance levels are $12,400 and $14,000 psychological zone.
Bitcoin today is looking neutral after a hefty downward momentum we've observed on June 29 - 30
At this time we are looking for confirmation of a bounce from liquidity grab zone and for Bitcoin to maintain trend line which came ton existence on June 10.
In terms of sentiment market is evenly split at 50/50 Long vs Shorts roughly.
Personal sentiment will be determined upon break or bounce off trend line.
Upcoming resistance levels are $12,400 and $14,000 psychological zone.
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