BTC continued to perform strongly into the weekly close and open, and this morning it is facing resistance at the $22.4k level which was rejected 10 days ago. This time, there does seem to be more strength and the price is holding this area better. If it can close above $22.5k, the next obvious target would be clearing
23K which would take us out of the range we have been trading in over the past month.
If we were to see a pullback, $21.7k-$21.5k looks a good area to see a reaction from.
It will be interesting to see how US stocks open today, futures looking green at the moment.
If we were to see a pullback, $21.7k-$21.5k looks a good area to see a reaction from.
It will be interesting to see how US stocks open today, futures looking green at the moment.
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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.