After finding strong support and demand in 30k zone, Bitcoin rebounded again and people are calling again for new ATH and 100k, but how bullish is Btc?
From a technical perspective, not at all...
The main crypto is still trading under 42k zone strong resistance at this point and even a break here would not change the bear trend, just expose 47k zone.
Indeed, short-term traders and speculators can look for buy opportunities, but from a "hodl" perspective Bitcoin is still at a high price.
Just my opinion though...
From a technical perspective, not at all...
The main crypto is still trading under 42k zone strong resistance at this point and even a break here would not change the bear trend, just expose 47k zone.
Indeed, short-term traders and speculators can look for buy opportunities, but from a "hodl" perspective Bitcoin is still at a high price.
Just my opinion though...
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.