Yesterday remarks from Powell has boosted confidence of the market despite the 75bp increase of the interest rate, and saved the market from another massacre.
BTC then left the most dangerous zone in the downward channel, holding the main support around $20222 and diverted upward, which forms a correction.
The market will enter a correction between $20222-$25000
An agreement on the first support is reached at $20222.47; the next comes to $18554.16.
The market begins to seek the bottom and we need more time to confirm the trend.
BTC then left the most dangerous zone in the downward channel, holding the main support around $20222 and diverted upward, which forms a correction.
The market will enter a correction between $20222-$25000
An agreement on the first support is reached at $20222.47; the next comes to $18554.16.
The market begins to seek the bottom and we need more time to confirm the trend.
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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.