Technical analysis:
Welcome to this quick update everyone,
The #Bitcoin Daily RSI has been on of the best indicators through this year & entire bull run
The price of Bitcoin has followed every bounce or break of the RSI resistance/support
Bitcoin is currently using old RSI resistance as new support
If it holds, expect a big bounce!
BTC made a new ATH of
67K after which it showed some correction reaching the support levels we mentioned in our previous update.
Currently, BTC is holding a strong support between $60k to $61k and if it bounce from this level then we can expect a 10% to 15% rally that will lead the price to a new ATH $70k.
A break down on the other hand will not be a good sign for BTC. If BTC breaks this support level 1 then the next support level will be the support level 2 ($53k to
54K).
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
Welcome to this quick update everyone,
The #Bitcoin Daily RSI has been on of the best indicators through this year & entire bull run
The price of Bitcoin has followed every bounce or break of the RSI resistance/support
Bitcoin is currently using old RSI resistance as new support
If it holds, expect a big bounce!
BTC made a new ATH of
67K after which it showed some correction reaching the support levels we mentioned in our previous update.Currently, BTC is holding a strong support between $60k to $61k and if it bounce from this level then we can expect a 10% to 15% rally that will lead the price to a new ATH $70k.
A break down on the other hand will not be a good sign for BTC. If BTC breaks this support level 1 then the next support level will be the support level 2 ($53k to
54K). 🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
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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.
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.