Should we be worried? #Bitcoin
In the daily time frame, #BTCUSD recently breached the critical 70K support level.
Additionally, we observe a bearish crossover in the MACD indicator, with the histogram diving below the zero line.
This prompts the question: should we be concerned?
The next crucial support levels, as per Fibonacci retracement levels, lie at 56900 and 52800.
Monitoring closely for potential trend continuation or reversal. #Bitcoin
Additionally, we observe a bearish crossover in the MACD indicator, with the histogram diving below the zero line.
This prompts the question: should we be concerned?
The next crucial support levels, as per Fibonacci retracement levels, lie at 56900 and 52800.
Monitoring closely for potential trend continuation or reversal. #Bitcoin
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.