There is still no side confirmed, and BTC playing between the 2 important ranges, above 30K is the uptrend since, and below 29K is the breakdown trend.
But we know from history that price actions below 30K get in most time into a breakout above.
Is there a secret plan that we don't know, and is BTC going to break out above the 32K level?
32600 is a level where more users check - because it gives some confirmation on side of the uptrend.
It's good to follow the trend to see how this will play out - but it seems we miss some volume to get into the trend - as long BTC is still below 30K - there is a change on a breakout above it.
Time will show.
But we know from history that price actions below 30K get in most time into a breakout above.
Is there a secret plan that we don't know, and is BTC going to break out above the 32K level?
32600 is a level where more users check - because it gives some confirmation on side of the uptrend.
It's good to follow the trend to see how this will play out - but it seems we miss some volume to get into the trend - as long BTC is still below 30K - there is a change on a breakout above it.
Time will show.
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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.