Bitcoin Monthly close against GOLD
Bitcoin Monthly closed Green but as we can see very clearly, under Massive resistance, which, once turned, this will be Strong Support as it was previously before PA ran up to the current ATH
Volume dropped significantly last month though. Possibly led by uncertainty to world economic circumstances, However, Bicoin is outperforming Gold
https://www.tradingview.com/x/NWtr8lHE/
Overall, Crypto is getting positive vibes in the world with EU, UK & BRICS etc all progressing with regulations that will allow Crypto to continue to grow while under giudes that will provide some securities
As a result, sentiment should remain positive though we need to see Volume returning to allow PA to breach this line of resistance right now
Volume dropped significantly last month though. Possibly led by uncertainty to world economic circumstances, However, Bicoin is outperforming Gold
https://www.tradingview.com/x/NWtr8lHE/
Overall, Crypto is getting positive vibes in the world with EU, UK & BRICS etc all progressing with regulations that will allow Crypto to continue to grow while under giudes that will provide some securities
As a result, sentiment should remain positive though we need to see Volume returning to allow PA to breach this line of resistance right now
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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.