BTC: Claimed a New All-Time High!
BTC touched a new all-time high of $109,568 on the same day Trump entered the White House to take office.
Previously, I mentioned a potential rejection toward
73K, but BTC was rejected at 89.3k and eventually rebounded to claim a new all-time high. Following this 23% rally, BTC still needs to break above the resistance trendline for further bullish movement. Unless BTC breaks through the resistance, the chances of rejection remain valid.
Bullish Move: A breakout above the resistance trendline, creating a new all-time high.
Bearish Move: A rejection from the resistance trendline.
Trade safely.
Previously, I mentioned a potential rejection toward
73K, but BTC was rejected at 89.3k and eventually rebounded to claim a new all-time high. Following this 23% rally, BTC still needs to break above the resistance trendline for further bullish movement. Unless BTC breaks through the resistance, the chances of rejection remain valid.Bullish Move: A breakout above the resistance trendline, creating a new all-time high.
Bearish Move: A rejection from the resistance trendline.
Trade safely.
Related publications
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.
Related publications
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.