Welcome back folks, i'm back with another update on BTC. As predicted, it has headed down to 9-9.2k level of support. Next line of support will be 8600-8800 levels (100EMA of 1D Chart), however that will depend a lot on the SEC hearing on ETH because BTC and ETH is highly correlated and moves together in the same direction together with the overall market. If it does get good news, it will most probably be headed back to test 10k resistance levels. IMO, this is a healthy correction, nothing to worry about.
Meanwhile, may the markets be with you.
Meanwhile, may the markets be with you.
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.
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.