Cryptolean Bitcoin BTC Update
Bitcoin found a support at $64,360 and is having a bullish pullback, however IMHO, it is temporary.
Below $69,654, BTC will be under bearish pressure.
A sustained price action below $69,654 will push BTC price to re-test $64,360 and, possibly, lower to the key daily support at $59,920.
Bitcoin has to move bullish and break through $73,423 for another bullish extension towards $78,223-$82,353.
Intraday Chart
Bitcoin is testing the bottom of the intraday range zone at $67,227 and below it is a bearish territory.
A bullish rejection of $67,227 will push price to $70,692, however the move will be slow and choppy.
A bearish break-out of $67,227 will lead to a re-test of $65,364 and lower to $61.562-$63,143, the key intraday support.
Like once read!
Thank you.
Below $69,654, BTC will be under bearish pressure.
A sustained price action below $69,654 will push BTC price to re-test $64,360 and, possibly, lower to the key daily support at $59,920.
Bitcoin has to move bullish and break through $73,423 for another bullish extension towards $78,223-$82,353.
Intraday Chart
Bitcoin is testing the bottom of the intraday range zone at $67,227 and below it is a bearish territory.
A bullish rejection of $67,227 will push price to $70,692, however the move will be slow and choppy.
A bearish break-out of $67,227 will lead to a re-test of $65,364 and lower to $61.562-$63,143, the key intraday support.
Like once read!
Thank you.
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.