Bitcoin- to break 42500 for a test of 46k?
Updated
In yesterday's post I said that I closed my short trades and, although I'm not very bullish on the medium term, I expect a relief rally from Bitcoin and the crypto market in general.
After another dip under 42k, bitcoin found bids again and now is facing 42500 short-term resistance.
Bulls seem to have found themselves and I expect a break here.
The target can be 46k with negation under 41k
Best regards
Mihai Iacob
After another dip under 42k, bitcoin found bids again and now is facing 42500 short-term resistance.
Bulls seem to have found themselves and I expect a break here.
The target can be 46k with negation under 41k
Best regards
Mihai Iacob
Note
Bitcoin confortably above 42500.Buy dips can be a good idea
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