BTC/USD - Was the $10k peak of this up trend?
Wide Range with borders of $1,100 and $8,100.
Exit from these borders will mean the continuation of the movement. There is a variant of false breakage of 10 000$ (schematically drawn below, a couple more variants of movement).
The fall stopped at the Fibonacci level of 0.23 (for me, the tip is that the next level of testing is 0.38 around $7000.
I'm looking more at the closing of the GEPA which has formed on the LME exchange (growth).
The $1,100 gap may be in the next 3-4 days. Since I think we'll be back there soon.
Was $10,000 the peak of this up trend or not, it's too early to tell.
The GEP is on the CME Exchange.
False breakdown of $10,000:
Longist-kicking:
A $10,000 pressure level:
It's not a real movement but it's a meta being too:
My macro look at BTC:
Exit from these borders will mean the continuation of the movement. There is a variant of false breakage of 10 000$ (schematically drawn below, a couple more variants of movement).
The fall stopped at the Fibonacci level of 0.23 (for me, the tip is that the next level of testing is 0.38 around $7000.
I'm looking more at the closing of the GEPA which has formed on the LME exchange (growth).
The $1,100 gap may be in the next 3-4 days. Since I think we'll be back there soon.
Was $10,000 the peak of this up trend or not, it's too early to tell.
The GEP is on the CME Exchange.
False breakdown of $10,000:
Longist-kicking:
A $10,000 pressure level:
It's not a real movement but it's a meta being too:
My macro look at BTC:
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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.