Hello, welcome to this BTC/USD 4-hour update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) looking at Bitcoin’s recent price action, it can be seen that the intense bullish momentum has weakened while a confluence takes place between the Bitcoin bulls and bears at this specific price region.
Considering the psychological strength of the $30K price level, the most probable scenario for Bitcoin in the mid-term is to consolidate in a static range between
25K and $30K.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
CHART ANALYSIS:-Bitcoin ( BTC ) looking at Bitcoin’s recent price action, it can be seen that the intense bullish momentum has weakened while a confluence takes place between the Bitcoin bulls and bears at this specific price region.
Considering the psychological strength of the $30K price level, the most probable scenario for Bitcoin in the mid-term is to consolidate in a static range between
25K and $30K.I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
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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.