BTCUSD -Bitcoin will go above 60,000$?!
Bitcoin is below the EMA50 and EMA200 on the 4H timeframe and is trading in its descending channel
In case of risk aversion in the US stock market or withdrawal of capital from Bitcoin ETFs today, we can witness the continuation of the downward trend. We will look for Bitcoin buy positions within the specified demand zone.
In case of continued risk-taking in the American stock market or the entry of capital into ETFs, the path to the level of 64,000 dollars will be paved. But before that, we need to see the authentic breakdown of the descending channel
In case of risk aversion in the US stock market or withdrawal of capital from Bitcoin ETFs today, we can witness the continuation of the downward trend. We will look for Bitcoin buy positions within the specified demand zone.
In case of continued risk-taking in the American stock market or the entry of capital into ETFs, the path to the level of 64,000 dollars will be paved. But before that, we need to see the authentic breakdown of the descending channel
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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.
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.