Bitcoin is dancing around $67,000 support. Technically, yesterday’s daily candle closed below and today’s has tested it as resistance. That said, price is right around it, so hard to worry for the moment.
If support breaks convincingly, then price is likely to range once again in the bottom half - between $67,000 and $60,000.
Once again, I have minimal expectation that anything dramatic outside of the range will happen for quite a while.
If support breaks convincingly, then price is likely to range once again in the bottom half - between $67,000 and $60,000.
Once again, I have minimal expectation that anything dramatic outside of the range will happen for quite a while.
scott.melker@texaswestcapital.com
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.
scott.melker@texaswestcapital.com
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.