BTC is running in the triangle within the downward channel. Yesterday it pulled back to the center and today sees the pressure still. (bears holding strength atm)
Box: $32084.67~$28288.38
Center: $29850.35
Longs and shorts have been fighting severely for several days.
The general movement is pro-shorts, while more spaces are opened for both sides.
Keep an eye on the seasonally-adjusted CPI (release at 20:30 UTC+8) Watch out for the risks incurred by the high volatility of price later today.
The indicator broke the support, be aware of the downward risks.
Box: $32084.67~$28288.38
Center: $29850.35
Longs and shorts have been fighting severely for several days.
The general movement is pro-shorts, while more spaces are opened for both sides.
Keep an eye on the seasonally-adjusted CPI (release at 20:30 UTC+8) Watch out for the risks incurred by the high volatility of price later today.
The indicator broke the support, be aware of the downward risks.
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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.