Bitcoin remains stuck in a range, struggling to break above the 21 EMA and 50 EMA, while the 100 EMA provides support in the lower 90Ks. With key support around 93,400 and resistance near 98,700, the market remains indecisive. Currently sitting at support, as long as this level holds, the chances of BTC testing 98,700 remain high.
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#Bitcoin update
Nothing much has changed; it still holds support above the purple EMA. With key support around $93,400 and resistance near $98,700, the market remains indecisive.
If it stays strong, $98,700 is likely. But a break below $93,400 could send it to $91,800 or lower.
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Best Exchange BITUNIX: bit.ly/JoinCryptorphic
BLOFIN - bit.ly/Cryptorphic
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Daily Signals:- telegram.me/thecryptorphic
Best Exchange BITUNIX: bit.ly/JoinCryptorphic
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Best Exchange BITUNIX: bit.ly/JoinCryptorphic
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.