correction?, sideways? or keep moving upward?
price finally broke above the very strong key level 28K.
right now charts on daily and bigger timeframes shows more bullish signs however in
lower timeframes we may have short term drop.
but this drop or moving sideways also can help Alts to start their real bull trend.
at this case I think Bitcoin price can move between two level 28K and 31K for a while.
or can break the 31K with no significant correction. in all scenarios crypto market seems
more bullish in days and weeks coming.
Enjoy the market
right now charts on daily and bigger timeframes shows more bullish signs however in
lower timeframes we may have short term drop.
but this drop or moving sideways also can help Alts to start their real bull trend.
at this case I think Bitcoin price can move between two level 28K and 31K for a while.
or can break the 31K with no significant correction. in all scenarios crypto market seems
more bullish in days and weeks coming.
Enjoy the market
Trade active
price dropped and tested the blue support area as expected
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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.