BTC update. Bulls in control .. but for how long?
Updated
Price is ranging around the supply area created at previous highs.
- 7260 needs to hold if we are to continue up , a violation of this low will be telling for the medium term price action potentially opening the door to 6800 if this level is broken.
- 7260 needs to hold if we are to continue up , a violation of this low will be telling for the medium term price action potentially opening the door to 6800 if this level is broken.
Comment
New low formed at 7400 , continuing bullish bias untill this low is taken out.
- Taken note that we are at supply and there is a above average chance of a selloff.
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.