BTC is still under the pressure of resistance and is yet to end consolidation. Breaking up the intraday resistance today and then holding up on $23775.37 for 4-8 hours could it end this consolidation; otherwise it’ll come to a lower area to consolidate.
The crucial support of the day is $22153.84.
The crucial range this week moves down between $24819.19-$21487.09. Breaking down $21487.09 will the market turn bearish.
The key support of the month is between $18155.27-$17565.40. Higher statistic support manifests bullish momentum and a lower level means cautious. This continuous downward diversion of the key support is the reason for the price drop these days.
The crucial support of the day is $22153.84.
The crucial range this week moves down between $24819.19-$21487.09. Breaking down $21487.09 will the market turn bearish.
The key support of the month is between $18155.27-$17565.40. Higher statistic support manifests bullish momentum and a lower level means cautious. This continuous downward diversion of the key support is the reason for the price drop these days.
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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.