Market Overview and Bitcoin Price Analysis Short-Term (21/12)
BTC Technical Analysis
BTC has rebounded from 16600 to 17000 as planned last weekend. Currently, the price continues to move sideways in a range of 16600 - 17000. It is expected that today and tomorrow BTC price will fluctuate in an upward direction.
Shorts from last week are still valid. You enter the rafters to absolutely comply with the given volume.
📉Short:
Entry 1: 16900 (30% volume)
Entry 2: 17250 (70% volume)
Stoploss: 17550
Target: 16000 or deeper
Market Overview
Bitcoin trading volume on CoinMarketCap is around $22.5 billion, market capitalization at $325 billion.
Total crypto market volume recorded at 6:40 a.m. at $812.18 billion, an increase of $1.62 billion from 24 hours ago.
Ethereum rallied above $1,200 yesterday. Bitcoin also climbed to nearly $17,000 after the Bank of Japan (BOJ) decided to double the 10-year Japanese Government bond (JGB) yield range from ±0.25%. current up ±0.5%.
BTC has rebounded from 16600 to 17000 as planned last weekend. Currently, the price continues to move sideways in a range of 16600 - 17000. It is expected that today and tomorrow BTC price will fluctuate in an upward direction.
Shorts from last week are still valid. You enter the rafters to absolutely comply with the given volume.
📉Short:
Entry 1: 16900 (30% volume)
Entry 2: 17250 (70% volume)
Stoploss: 17550
Target: 16000 or deeper
Market Overview
Bitcoin trading volume on CoinMarketCap is around $22.5 billion, market capitalization at $325 billion.
Total crypto market volume recorded at 6:40 a.m. at $812.18 billion, an increase of $1.62 billion from 24 hours ago.
Ethereum rallied above $1,200 yesterday. Bitcoin also climbed to nearly $17,000 after the Bank of Japan (BOJ) decided to double the 10-year Japanese Government bond (JGB) yield range from ±0.25%. current up ±0.5%.
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