After the previous spike, it seems like BTC and the rest of the cryptocurrencies has slowed down in volume over the last 2 weeks. Not only that, prices has been going down by less than 1% daily since the spike. However, BTC is still within the trend channel between $6,180 and $6,790 and resistance is still valid at $6,790. if price reaches $6,790, there might be a breakout. Support also still valid at $6,180.
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.