BTC received the impact of interest rate hikes. Yesterday, the price soared and broke through the downward channel, because the market bull energy was too strong and was in the stage of overbought. In the short term, the bullish energy will continue, and the price will retreat near the resistance line. We will wait for the price to withdraw and go short.
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.