Currently BTC facing strong long side resistance near to the price of 45000, If it successfully breaks the 45000 area, strong bullish momentum can be seen which will be healthy for the future investments and trading. Another fair possibility we can see is A clear rising wedge formation observed, after unsuccessful attempt of resistance break a large volume to the bearish side can be seen. Up to 38000 a bearish breakout can be sustain.
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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.