Buying pressure keeps pushing price towards $51K resistance levels.
Skiddish investors rush to take profits, or breakeven, as soon as price is in that area. Most likely people who went long at those levels and just want out.
Seems the price is about to break. Long or short, we shall see.
Good luck,
David
Skiddish investors rush to take profits, or breakeven, as soon as price is in that area. Most likely people who went long at those levels and just want out.
Seems the price is about to break. Long or short, we shall see.
Good luck,
David
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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.