XBTUSD - In the middle of the channel
Bitcoin still moving sideways. After it failed to hold above $11500, it's floating in the middle of the big channel between 112K and 10.8k.
Currently bitcoin tries to make a retest of the $11500 zone. Things are simple here.If Bitcoin fails to break through 11.5k, then it will be a bearish retest. Otherwise, we will test 12k again. Short-term bearish bias here a bit more favorable, but it can changes quickly.
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Information is just for educational purposes, never financial advice. Always do your own research.
Currently bitcoin tries to make a retest of the $11500 zone. Things are simple here.If Bitcoin fails to break through 11.5k, then it will be a bearish retest. Otherwise, we will test 12k again. Short-term bearish bias here a bit more favorable, but it can changes quickly.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
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