BTCUSD, Potential Routes
Price struggles below the 52k level and appears to have lost bullish momentum on the short term range.
A potential slide is possible towards the lower support at around 42-40k level as price appears to be vulnerable to further bearish pressure.
A 42-40K retest would decide if the market is likely recover or slide further down to lower support levels.
Thoughts?
A potential slide is possible towards the lower support at around 42-40k level as price appears to be vulnerable to further bearish pressure.
A 42-40K retest would decide if the market is likely recover or slide further down to lower support levels.
Thoughts?
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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.