Bitcoin really wants up, but it can not get there for the time being.
Why? Multiple reasons, not enough buying pressure to punch through resistance.
But support seems to be holding for now.
We shall see in 15mns or so with the 4h close
Why? Multiple reasons, not enough buying pressure to punch through resistance.
But support seems to be holding for now.
We shall see in 15mns or so with the 4h close
Note
Bitcoin still having some issues.
The market is very choppy right now, a scalper's game imo.
But it we may be in for some resistance if we cannot clear that Kumo
If we do clear the cloud, we should be able to use it as support and maybe reach 11.5k within the next few hours, days
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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.