Bitcoin reached the halfway point of the previous bullish rise, as price action was consolidating with bearish motives, from the all-time high of 109k to 79k. As of now, the crypto is reacting from the 79k barrier and may try to pull back to the upside.
Price action may oscillate between 79k and 89k in a correction phase until a definitive bullish or bearish trend is shown by the Crypto.
Price action may oscillate between 79k and 89k in a correction phase until a definitive bullish or bearish trend is shown by the Crypto.
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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.