BTC/USD
Bitcoin just hit the 7k level but failed to maintain the above crucial areas.
The price is slowly going down but the Bulls still have the chance to make another attempt
if key support 6500 dollars will hold as the 50MA coincide with the same area.
This could be the last chance for the bulls to reclaim the 7k regions
otherwise, the upside momentum will disappear in the shadow.
Bitcoin just hit the 7k level but failed to maintain the above crucial areas.
The price is slowly going down but the Bulls still have the chance to make another attempt
if key support 6500 dollars will hold as the 50MA coincide with the same area.
This could be the last chance for the bulls to reclaim the 7k regions
otherwise, the upside momentum will disappear in the shadow.
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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.
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.