Finally BTC comes back above the 200 daily MA. There has been high volatility so I don't know where it's going next. Its more probable Bitcoin will test 68/69K again. That's the last all time high and the high of the current pattern. And the downsides are 62k - 45k or so right now. As long as we stay above the 200 Daily MA at 64K now, then I believe its bullish. So if we keep closing daily candles above this level and weekly candles that will strengthen the probabilities of a move up.
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.