So far so good
Updated
Bitcoin bounced off $9,920 and aims higher, or so it would seem. Resistance levels forward might include:
Failure to sustain $9,920 or higher as support means BTC is going to 9k or less on the short term.
Since crypto and the stock market recently move hand-in-hand, below you can find a chart with the ratio of BTCUSD to S&P 500. Previous related ideas can be found there, too:
- $10, 150
- $10, 300
- $10, 450
- $10, 650
- $10, 800
- $11, 000
Failure to sustain $9,920 or higher as support means BTC is going to 9k or less on the short term.
Since crypto and the stock market recently move hand-in-hand, below you can find a chart with the ratio of BTCUSD to S&P 500. Previous related ideas can be found there, too:
Note
All feedback is highly appreciated!Note
BTC was unable to conquer $10,150, correcting further down is highly likely.Note
BTC price fell to $9,850, followed by a big green candle that drove prices to $10,217. BTC currently trading at $10,015+ and I remain strongly bullish on the short term, as long as BTC price stays above $9,800 - $9,990.
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.