BTCUSD moving toward a breakout or breakdown.
BTC is moving toward the resistance line and set for a showdown. Price action broke down to the 200 day MA and then quickly recovered back to 8742 moving toward the HOD at $8888. If we break out and close above resistance it will be a clear sign we are moving toward the 9000+ level. If this breakout fails then we could see the predictions of BTC at $5000 become a reality.
We might have one more day to test resistance.
HV
We might have one more day to test resistance.
HV
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.