BITCOIN - Relief Rally
As mentioned in the previous post
https://www.tradingview.com/chart/BTCUSD/8mNyUgkz-BTCUSD-Making-lower-lows/
Bitcoin rallied from the $24500-$25000 zone and has now returned to a previous resistance . Bulls will need to push through $30000 to keep the momentum going for a new leg up and risk fading from here.
RSI = Overheated
https://www.tradingview.com/chart/BTCUSD/8mNyUgkz-BTCUSD-Making-lower-lows/
Bitcoin rallied from the $24500-$25000 zone and has now returned to a previous resistance . Bulls will need to push through $30000 to keep the momentum going for a new leg up and risk fading from here.
RSI = Overheated
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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.