On this simple chart I have outlayed the 1 Month timeframe Support & Resistance levels, aswell as important Buy Events & News Events in Red & Green.
Notice how we are currently resting on the average buy price of Teslas Bitcoin investment back in the start of the year.
theguardian.com/technology/2021/feb/08/tesla-bitcoin-price-new-high-elon-musk-dogecoin
If we dont fall underneath this area I would say its a pretty good sign for Bitcoin to continue moving upwards.
See my linked idea below, where I compare similarities to the Coronavirus dump.
Invalidation in the short term is if price falls underneath $28000, goodluck.
Notice how we are currently resting on the average buy price of Teslas Bitcoin investment back in the start of the year.
theguardian.com/technology/2021/feb/08/tesla-bitcoin-price-new-high-elon-musk-dogecoin
If we dont fall underneath this area I would say its a pretty good sign for Bitcoin to continue moving upwards.
See my linked idea below, where I compare similarities to the Coronavirus dump.
Invalidation in the short term is if price falls underneath $28000, goodluck.
Note
Looking good so far, Looking for something like so.Note
Related publications
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.
Related publications
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.