Bitcoin (BTC/USD), Daily Chart Analysis Feb 26, 2021
Updated
Technical Analysis and Outlook
This the classic Trade Selecter System projection making Inner Coin Rally and Outer Coin Rally of $62,470 imminent. The Key Res $57,395 confirmed with TARC conformation (Proprietary symbol not shown) leading destination. Bitcoin is congregating at Mean Sup $44,840 and offering all out buying opportunities. On the downside, marking is flagged at Mean Sup $38,850.
This the classic Trade Selecter System projection making Inner Coin Rally and Outer Coin Rally of $62,470 imminent. The Key Res $57,395 confirmed with TARC conformation (Proprietary symbol not shown) leading destination. Bitcoin is congregating at Mean Sup $44,840 and offering all out buying opportunities. On the downside, marking is flagged at Mean Sup $38,850.
Note
Are you enjoying the sound of silence? That's the calm before the storm. Bitcoin seems to be struggling to reach the Outer Coin Rally, marked at $62,470. Meanwhile, there’s more than enough good news that could boost the Bitcoin price this weekend. For example, the IPO of Coinbase on Nasdaq. Will Bitcoin take off next week even higher - $67,000? Keep an eye out for the price to find out!
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.