Hi, guys!
BTC has tested the trendline which has acted as support for such a long time. Now, it could pick out two paths - it could face rejection at current price (7000usd) as there is a huge resistance around this zone or it could even rise to as high as 7.5 before being rejected. After this excpected decline, our first target will be 6.5k and our second target being 6.2k.
Thanks.
BTC has tested the trendline which has acted as support for such a long time. Now, it could pick out two paths - it could face rejection at current price (7000usd) as there is a huge resistance around this zone or it could even rise to as high as 7.5 before being rejected. After this excpected decline, our first target will be 6.5k and our second target being 6.2k.
Thanks.
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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.