Two options for Bitcoin. If we start to break higher we can see test the last ATH and perhaps push higher. This is if we keep holding the $30,000 level.
If we break to the downside under $30,000 we will see our CME gaps fills as we previously talked about. These levels will be around $25,000 and will be good levels for DCA. Also a great opportunity for a short play. At this current level Bitcoin is looking weak unless we start having strong bullish closing candles above resistance.
If we break to the downside under $30,000 we will see our CME gaps fills as we previously talked about. These levels will be around $25,000 and will be good levels for DCA. Also a great opportunity for a short play. At this current level Bitcoin is looking weak unless we start having strong bullish closing candles above resistance.
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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.